USDA Loans

For properties being financed in a designated rural area

With a USDA home loan, qualified buyers can purchase homes in USDA-approved rural areas for no money down.

USDA requires the property being financed to be in a designated rural area. However, "rural" doesn't have to mean remote farmland. Some suburban communities qualify. Plus, USDA loans can apply to a wide range of single-family residences, like homes in gated communities, townhomes, and some condos.*

*Must be the borrower's primary residence; second homes and investment properties are not eligible. Household income limits apply and vary by household size and location.

Check if your listing is within an eligible area:

Visit the USDA's Single Family Housing Guaranteed Income & Property Eligibility website

Click on one of the USDA Loan program links along the top of the page, select Property Eligibility Program, and then click Accept

Enter an address and click GO!

Advantages of a USDA loan:

No down payment required
No first-time homebuyer requirement
Good solution for homebuyers with limited or moderate incomes
Flexible credit qualification criteria
Lower interest rates than conventional loans
Lower mortgage insurance costs than FHA loans
Allows the seller or gift funds to cover closing costs
Easy to refinance an existing USDA loan, even with reduced home value

Want to learn more? Contact one of our Loan Officers today for guidance if USDA is the right fit for you.

Ready to prequalify for a loan?

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