USDA Home Loans
"Zero down in more places than you think."
100% financing for homes in eligible rural and suburban areas. No down payment, below-market rates, and more locations qualify than you'd expect.
0%
Min Down
640+
Min Credit
No Limit*
Max Loan
Is This Loan Right for You?
This Loan is Perfect If You...
- Buying in a rural or suburban area
- Household income below area limits
- Want zero down payment
- Looking for competitive fixed rates
- First-time or repeat homebuyer
This Might NOT Be Right If...
- Buying in urban/metro area
- Household income exceeds area limits
- Need investment or vacation property
- Want an adjustable-rate mortgage
- Property doesn't meet USDA standards
USDA Home Loans Benefits
Everything you need to know about your benefits
Zero Down Payment
100% financing means you can buy a home without saving for years. Keep your cash for moving, repairs, or emergencies.
Below-Market Rates
USDA loans often have the lowest rates available—even lower than VA in some cases. Government backing means lender confidence.
More Areas Than You Think
USDA doesn't mean farmland. Many suburban areas, small towns, and communities near cities qualify.
Low Guarantee Fees
Just 1% upfront + 0.35% annually—significantly less than FHA mortgage insurance. Saves thousands over the life of your loan.
Seller Contributions Up to 6%
Sellers can pay up to 6% toward your closing costs, reducing what you need to bring to closing.
Flexible for Families
Income limits increase with household size. Larger families have higher thresholds to qualify.
How It Works
Your path to homeownership in just a few simple steps
Check Your Eligibility
Use the USDA eligibility tools to verify both your property location and household income qualify.
Get Pre-Approved
We'll review your credit, income, and employment to determine your USDA loan amount.
Find Your Home
Shop for homes in USDA-eligible areas. Your agent can help identify qualifying properties.
USDA Appraisal
A USDA-approved appraiser verifies the property meets program requirements and market value.
Check Your Eligibility
Use the USDA eligibility tools to verify both your property location and household income qualify.
Get Pre-Approved
We'll review your credit, income, and employment to determine your USDA loan amount.
Find Your Home
Shop for homes in USDA-eligible areas. Your agent can help identify qualifying properties.
USDA Appraisal
A USDA-approved appraiser verifies the property meets program requirements and market value.
USDA Underwriting
Your file is reviewed by both our team and USDA. This can take slightly longer than conventional loans.
Close & Move In
Sign your documents with zero down payment and start enjoying your new home!
Two Requirements You Must Meet
USDA loans have two key requirements. Check both to see if you qualify.
1. Property Location
The home must be in a USDA-eligible area. Many suburban areas qualify—you might be surprised!
Check Property EligibilityEnter any address to instantly see if it qualifies for USDA financing.
2. Household Income
Your total household income must be at or below 115% of the area median income.
Limits vary by county. These are typical amounts for most areas.
USDA Guarantee Fee Explained
Lower than FHA's 1.75% upfront + 0.55% annual MIP
Upfront Guarantee Fee
One-time at closing
Can be rolled into your loan amount
Annual Fee
Paid monthly
Paid monthly as part of your mortgage payment
Example: $250,000 Loan
Upfront Fee (1%)
$2,500
Added to loan balance
Monthly Fee (0.35%)
$73
Part of your payment
USDA vs FHA vs VA: Zero-Down Options Compared
| Feature | USDA(This loan) | FHA | VA |
|---|---|---|---|
| Down Payment | 0% | 3.5% | 0% |
| Location Limits | Yes (rural/suburban) | No | No |
| Income Limits | Yes (115% AMI) | No | No |
| Who Qualifies | Income/location eligible | Anyone | Veterans only |
| Upfront Fee | 1.0% | 1.75% | 1.25-3.3% |
| Annual Fee | 0.35% | 0.55% | None |
| Credit Score Min | 640 | 580 | 580 |
| Loan Limit | None* | $498K-$1.15M | None |
| Best For | Rural/suburban buyers | First-time buyers | Veterans |
* Rates and terms subject to change. Contact us for current offers.
Frequently Asked Questions
Common questions about USDA Home Loans
Last updated:
What areas qualify for USDA loans?
USDA-eligible areas include most rural communities and many suburban neighborhoods outside major metro areas. You might be surprised—about **97% of the U.S. land mass** qualifies! Use the USDA eligibility map to check any specific address instantly.
What are the income limits for USDA loans?
Your total household income must be at or below **115% of the area median income**. For a family of 1-4 in most areas, that's around **$103,500/year**. Larger households (5-8 people) have higher limits around **$136,600**. Limits vary by county.
Is there really no down payment?
Yes! USDA offers true **100% financing** with no down payment required. You will need funds for closing costs, but these can often be covered by seller contributions (up to 6%) or lender credits. Some buyers close with almost nothing out of pocket.
- USDA charges a **1% upfront guarantee fee** (which can be rolled into your loan) and a **0.35% annual fee** paid monthly. This is significantly lower than FHA's mortgage insurance, saving you money each month.
- USDA loans require approval from both the lender and USDA itself, which can add **1-2 weeks** to the process compared to conventional loans. Plan for a **35-45 day** closing timeline. We manage the USDA submission to keep things moving.
Get Rate Drop Alerts
We'll notify you instantly when rates drop to your target.
See If Your Area Qualifies
Zero down payment. Below-market rates. More locations qualify than you think.
Or call us directly: (757) 558-2603