USDA loans

Loan types

100% Financing for Homes in USDA-Defined Rural Areas

The goal of the USDA loan program is to help our nation’s smaller, rural communities thrive by making land and property more affordable.

USDA loans are guaranteed by the U.S. Department of Agriculture (USDA). Sometimes referred to as Rural Development Loans, these government-insured mortgages that allow you to purchase a home with no money down. The property must be in an eligible USDA-defined rural area. USDA Loans offer 100% financing to qualified buyers, and allow for all closing costs to be either paid for by the seller or financed into the loan.

Benefits of USDA Loan Financing

Additional benefits of USDA Loans include:

  • Ideal for borrowers with limited assets looking to buy in rural areas
  • 100% financing
  • No down payment required
  • Flexible qualifying criteria
  • Minimal cash to close
  • Low interest rates and stable financing terms
  • 1% upfront USDA Guarantee Fee can be financed into the mortgage