USDA Rural Loans

USDA Rural Loans


The USDA Rural Housing Service has various programs available to aid low- to moderate-income rural residents to purchase, construct, repair, or relocate a dwelling and related facilities. USDA Rural Housing loan programs allow qualified homebuyers to get loans with minimal closing costs and no down payment.



    • No down payment requirement
    • Property must be located in an eligible rural area
    • Closing costs can be added to the loan amount (if the property appraises high enough to include it at up to 102% of the appraised value)
    • Loan government guarantee fee with no monthly guarantee fee
    • Low interest rates
    • Applicants with a wide range of credit profiles may qualify
    • Income eligible applicants who do not qualify for conventional financing may qualify
    • Families & individuals that have minimal funds for a down payment and closing costs includes first time homebuyers and repeat homebuyers
    • Seller concessions – 6% max
    • No cash reserve requirement
    • No Non-Allowable costs
    • No First Time Homebuyer Requirement
    • 30 Year Loan @ competitive fixed rate
    • No limit on gift funds



  • Property must be in very good condition and have a high insulation R-factor
  • You can not make over 50% of 115% of the median county income to qualify
  • Must be able to verify income limits