Why Our team loves USDA loans
USDA loans help low-to-moderate income individuals buy, refinance, or build in eligible areas. One of their standout features? There's no down payment required, making homeownership more accessible to families who may not qualify for traditional financing.
USDA Loans At A Glance
Looking for wide open spaces? Backed by the U.S. Department of Agriculture, they're designed to make rural and suburban homeownership more affordable—with no down payment required and low monthly costs. If you’re considering a move to a quieter, more affordable area, let’s find out if a USDA loan meets your needs.
Highlights
- $0 Down Payment: One of the only programs with no down payment required.
- Affordable Monthly Payments: Good rates and reduced mortgage insurance costs.
- Location-Based Eligibility: Designed for rural and some suburban areas.
- Income-Based Qualification: Keeps the focus on moderate-income buyers.
- Fixed-Rate Stability: 30-year fixed rates—no surprises.
USDA Loan Guidelines
- Down Payment: None required.
- Mortgage Insurance: Required monthly, typically lower than FHA.
- Properties: Primary residences in USDA-approved areas.
- Income Limits: At or below 115% of the area median income.
Pros of USDA Loans
- No Down Payment Required: Great if you're ready to own but haven’t built up savings.
- Lower Monthly Costs: Good interest rates and typically lower monthly mortgage insurance costs.
- Flexible Credit Guidelines: Mid-range credit scores or limited credit history.
- Fixed Rates Only: Always 30-year fixed rate.
- Supports Growing Communities: Plant roots in a growing area.
Best for…
First-time buyers with limited savings
Buyers looking in rural or suburban areas
Moderate-income households
Buyers who want a low monthly payment
Families looking to settle in small towns or growing communities
Questions? We'll Answer.
Let's answer the questions you're definitely not the first (or the last) to ask.
While at least a 640 score is preferred, applicants with lower scores can still qualify through manual underwriting.
Use the official USDA Property Eligibility Map to search your address.
No, both first-time and repeat buyers can use this program.
On average, 30 to 45 days—but it can vary based on lender and USDA processing times.
Single-family homes, modular homes, and new construction—as long as the property meets USDA guidelines.
Yes, USDA offers streamlined refinance options for current USDA borrowers.
Free Guides & Resources
Our favorite kind of buyer? A confident one. Brush up on your loan knowledge, get an accurate quote, and let's get to it.
