USDA Loans

Overview

A USDA loan is backed by the United States Department of Agriculture Rural Development program. It is designed to help buyers purchase a primary residence in eligible areas with no down payment, which makes homeownership more accessible for buyers who meet the income and location guidelines.

How it works

Eligibility depends on two main factors: the property must be located in a qualifying area, and your household income must fall within the program limits for that area. Many suburban and smaller community locations qualify, not only remote rural areas. We can help you check whether a specific address and your income fit the program.

Key features

• No down payment required for qualified buyers.
• Competitive fixed rate financing.
• Income limits based on household size and area.
• Property must be in an eligible location.

Who it is for

Buyers purchasing a primary residence in an eligible area who meet the income guidelines and want to buy with little or no money down.

What you will typically need

• Income documentation for everyone in the household.
• Bank and asset statements.
• Photo identification and Social Security number.
• The address of the property so we can confirm eligibility.

Start Your Inquiry   All loan programs