USDA Loans

The United States Department of Agriculture (USDA) provides great loan options for low to moderate income people who live in rural areas. USDA defines a rural area by open country, places with populations of 10,000 or less, and some cities and towns may fall under the category as well. USDA loans offer super low interest rates as well as no down payment required. Like a VA loan, USDA loans allow a borrower to finance up to 100% of a homes appraised value. In order to qualify for a USDA loan, one must be purchasing or refinancing a property that is in a USDA designated area and plan on occupying the residence in the transaction. Find out if a property is in a USDA designated area.


Benefits

  • No down payment (must have decent credit score)
  • Low interest rates
  • Ability to finance 100% of homes value

Contact Us today or fill out our online application and we’ll help determine if you’re eligible for a USDA loan.

We’ll help you see the differences in loan programs and ultimately find the mortgage product that is going to best fit your financial needs.