USDA Home Loans
Not a fan of the big city?
A home loan from the United States Department of Agriculture (USDA) can help you get away from the hustle and bustle of urban areas and into a slow-living rural community.
Not a fan of the big city?
A home loan from the United States Department of Agriculture (USDA) can help you get away from the hustle and bustle of urban areas and into a slow-living rural community.
Here’s how our loan process works
Apply for your loan
Find your dream home in an eligible rural area.
Go through the process, close on your loan and move in!
For those of you who have low to moderate income and who may not be eligible for conventional loans, a USDA home loan can help you buy, build or renovate a home in an eligible rural or suburban area.
USDA Loans:
Income limits vary by region and household size. Use the official USDA lookup tool to check yours.
Yes, the USDA also offers a home building loan under its Single-Family Housing Guaranteed Loan Program.
Most lenders look for a credit score of 640 or above, though exceptions may apply.
Yes, USDA streamline refinances are available for eligible borrowers.
Your monthly payment depends on your loan amount, interest rate, property taxes and insurance. Speak with one of our mortgage bankers to learn more about your specific numbers.
*Requires borrower to meet eligibility requirements.
The United States Department of Agriculture Rural Development (USDA-RD) Single Family Housing Guaranteed Loan Program assists approved lenders in providing low to moderate income households purchase or build homes in rural areas subject to eligibility requirements. The maximum loan amount an applicant may qualify for will depend on the applicant’s repayment ability. The applicant’s ability to repay a loan considers various factors such as income, debts, and assets. Regardless of repayment ability, applicants may never borrower more than the area’s loan limit (plus certain costs allowed to be financed) for the county in which the property is located. Eligible borrowers can receive 100% financing without private mortgage insurance.
This information is intended for educational purposes only. Products and interest rates subject to change without notice. Loan products are subject to credit approval and include terms and conditions, fees and other costs. Terms and conditions may apply. Property insurance is required on all loans secured by property. VA loan products are subject to VA eligibility requirements. Adjustable Rate Mortgage (ARM) interest rates and monthly payment are subject to adjustment. Upon submission of a full application, a mortgage banker will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your individual situation.
Speak with one of our mortgage bankers today to find out if you can secure a USDA loan.