A USDA home loan is a zero-down payment mortgage for eligible
rural and suburban homebuyers. USDA loans are issued through the
USDA Rural Development Guaranteed Housing Loan Program, which is
managed by the U.S. Department of Agriculture.
USDA home loans are available to borrowers who meet certain income
and credit requirements. Borrowers must have a household income that
does not exceed 115% of the median income for their area, and they
must have a credit score of 640 or higher.
USDA home loans are a great option for eligible borrowers who are
looking to purchase a home with no down payment. These loans provide
many benefits, including low interest rates and monthly payments,
and they can be used to finance the purchase of a primary residence
in an eligible rural or suburban area.
Can Seller Pay Closing Costs on a USDA Loan?
USDA Loans: Learn All the Benefits
Answering Common Questions About USDA Home Loans
Can You Build a House with a USDA Home Loan?
Can You Have a Cosigner on a USDA Home Loan?
Can You Qualify for a USDA Home Loan After Bankruptcy?
Can You Use a USDA Home Loan for a Manufactured Home?
Can You Use Gift Funds for a USDA Home Loan?
Current USDA Loan Interest Rates: What You Need to Know
Learn About USDA Loans
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Streamline Assist Refinance for USDA Loans
Understand the Debt-to-Income Ratio for USDA Loans
Understanding USDA Loan Discount Points
USDA Direct Loan vs Guaranteed: What's the Difference?
USDA Direct Loans: Affordable Home Financing Options
USDA Guaranteed Loan Requirements: What You Need to Know
USDA Loan Amortization Calculator: Estimate Your Payments
USDA Loan Calculator: Save Thousands with an Extra Payment
USDA Loan Credit Requirements: What to Know
USDA Loan Guarantee Fee: What You Need to Know
USDA Loan Income Limits: What You Need to Know
USDA Loan Inspection Requirements: What You Need to Know
USDA Loan Mortgage Calculator: Estimate Your Payments
USDA Loan PMI: What You Need to Know
USDA Loan Repair Requirements: What You Need to Know
USDA Loan Seller Concessions: What You Need to Know
USDA Loan Underwriting Process: What You Need to Know
What is a USDA Streamline Refinance?
What is Earnest Money on a USDA Loan?
What is Per Diem Interest on a USDA Loan
Sitemap: USDA Loan Plus