- Lower mortgage rates than most conventional products
- No down payment required* and closing costs can be rolled into the loan
- Specialized loans based on geographic location
- Mortgage insurance is not necessary
*Some restrictions apply
Is a USDA loan right for you?
USDA loans are typically suited for borrowers with lower to moderate incomes whose desired property meet USDA requirements. This government-backed loan program offers flexible down payment and closing cost options, making it an excellent solution for many borrowers considering rural properties.
Our mortgage consultants are well-versed in a variety of government loans programs and their requirements. We’d be happy to answer any questions you may have, ensuring you choose the best loan program to meet your needs.
Homes eligible for USDA financing are typically found in rural areas, but you may be surprised to learn these designated areas are extensive. Visit the USDA Property and Eligibility site to learn more about eligible areas and income restrictions.