USDA Loans

The USDA loan program is a great option for homebuyers seeking 100% financing. If you’re looking or considering purchasing a home in an eligible rural area, this program allows 100% financing with $0 down payment. The seller is allowed to pay up to 6% of the purchase price towards closing costs, if negotiated in the purchase agreement. Closing costs may also be rolled into the mortgage if the appraisal comes in higher than the purchase price.

Rural Development Single Family Housing Guaranteed Loan Program

This program assists approved USDA lenders in providing low and moderate-income households the opportunity to own adequate, modest, decent, safe and sanitary dwellings as their primary residence in eligible rural areas. Eligible applicants may build, rehabilitate, improve or relocate a dwelling in an eligible rural area. The program provides a 90% loan note guarantee to approved lenders in order to reduce the risk of extending 100% loans to eligible rural homebuyers.


as low as 0% down

  • Maximum loan amount $548,250

  • Minimum credit score 600

  • Property must be located in a designated USDA rural area

  • Income limits apply

Who may apply for this program?

You must meet income eligibility. There are income limitations based on family household size. USDA loans take into account income from all family household members, and not just an individual borrower. It’s best to contact us directly with specific questions. You must personally occupy the dwelling as their primary residence. You must have the legal capacity to incur the loan obligation. You must purchase a property that meets all program criteria: The subject property being purchased must be located in an approved USDA Rural Development area. No exceptions. Eligible areas will vary per county, so keep this in mind when shopping for homes.

Are you ready to get started?

Talk to any of our experienced and licensed Mortgage Advisors who can answer all your questions, provide you with rate quotes and help you find the best loan suitable for you. Call today 717-761-6000 or