USDA Loan
Zero down payment options for eligible rural and suburban buyers, helping more households achieve homeownership with affordable financing.
USDA Loan Features
No Down Payment
Eligible borrowers can finance up to 100% of the purchase price.
Government Guaranteed
Guaranteed by the U.S. Department of Agriculture's Rural Development program.
Eligible Areas
Available in designated rural and many suburban areas.
Income Limits
Household income must be within limits set for your county.
USDA Loan Benefits
- 01
Lower Upfront Costs
No down payment means you can keep more savings in reserve.
- 02
Competitive Rates
Government backing helps keep rates competitive.
- 03
Flexible Credit Guidelines
Guidelines can be more flexible than some conventional loans.
- 04
Affordable Mortgage Insurance
USDA guarantee fees are often lower than other mortgage insurance.
Loan Program Frequently Asked Questions
What is a USDA loan?
A government-guaranteed mortgage for eligible buyers in qualifying rural and suburban areas.
How do I know if a property is eligible?
Eligibility is based on location. Your loan officer can check a property address against USDA maps.
Are there income limits?
Yes. Total household income must fall within USDA limits for your area and household size.
Can I use a USDA loan for an investment property?
No. USDA loans are for primary residences only.