USDA Loans
The Lowdown on USDA Loans...
Why a USDA Loan?
A USDA Loan, backed by the U.S. Department of Agriculture, helps make homeownership possible for low- to moderate-income buyers in eligible rural and suburban areas. It’s one of the few loan programs that allows you to purchase a home with no down payment.
Key benefits include:
- No Down Payment Required — 100% financing for eligible properties and buyers.
- Flexible Credit Requirements — Ideal for borrowers with limited credit history.
- Low Monthly Payments — Competitive interest rates and reduced mortgage insurance costs.
- Use of Gifts or Grants — Borrowers can use gift funds or grants toward closing costs.
- Stable Fixed-Rate Terms — Enjoy predictable monthly payments with fixed-rate options.
USDA loans are designed to support homeownership in rural and select suburban communities—making them a powerful tool for first-time buyers seeking affordability and stability.
Our USDA Loan Rates Are Low & Our Process is Quick & Painless
The United States Department of Agriculture (USDA) gives out a variety of loans to help low- or moderate-income people buy, repair or renovate a home in a rural area. Some of the popular types of loans are: the single family direct homeownership loan, the single family guaranteed homeownership loan, the rural repair and rehabilitation loan or grant and the mutual self-help loan. This guide will help you figure out what these loans are and whether you qualify.
Though the terms and details of these loans differ, all offer very low effective interest rates (some are as low as 1 percent) and don’t require a cash down payment. To qualify, you need to have a decent credit history.
We’re here to make the USDA home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with our FREE USDA Loan Qualifier.
We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a seasoned investor.