USDA Loan

Providing Affordable Homeownership Opportunities 

USDA Loans are mortgage loans that provide people in low-population, rural areas with the opportunity to buy a home. 

 With a USDA loan, it’s all about location. Properties that fall within certain areas deemed rural by the U.S. Department of Agriculture may qualify, if borrowers meet certain income limits. These limits differ by county. 

If you live in a place with a population of less than 35,000 and you cannot qualify for a conventional loan, you may qualify for a USDA guaranteed loan or a USDA direct loan.

More specifically, USDA Loans are for people with lower incomes who can’t qualify or pay for a standard loan. 

Financing through USDA loans means $0 down payment and seller-assisted closing costs available.  In some instances, borrowers will not have to pay more on the property than the cost of the appraisal.