USDA LOANS
Home Loans for Eligible Rural Properties
A United States Department of Agricultural (USDA) loan is a mortgage option that provides affordable financing for properties located in rural or small towns and is designated to help families with low to moderate incomes achieve home ownership.
Fast, Easy and Affordable Home Loans
-
0% down payment available​
-
Fixed-rate loan with consistent payments
-
Lower rates with maximum flexibility
-
Flexible qualification guidelines
-
No mortgage insurance required
-
Eligible for one-unit properties in a Rural Development area
A Fixed-Rate Mortgage has an interest rate that remains the same for the life of the loan.
Flexible Loan Options
-
Fixed-Rate loans
-
Available to first-time or seasoned homebuyers
-
Required escrow account to pay taxes and insurance directly
A Fixed-Rate Mortgage has an interest rate that remains the same for the life of the loan.
Qualification Requirements
-
Minimum 640 credit score
-
For purchase or improvement of a dwelling in an eligible area
Down Payment Assistance
-
Low down payment with high Loan-to-Value (LTV) ratio
-
Down Payment Assistance options available
Benefits for First-Time Homebuyers
-
Access to special home loan assistance programs
-
Down Payment Assistance options available
