Get a no-cost quote on USDA financing and purchase in rural and suburban areas with no down payment.
A USDA loan is a government-backed mortgage offered through the United States Department of Agriculture’s Rural Development program. These loans are designed to promote homeownership in eligible rural and suburban areas by offering 100% financing meaning no down payment required along with competitive interest rates and flexible credit guidelines.
Despite the name, USDA loans aren’t just for farms. Many suburban communities and small towns qualify as rural under USDA guidelines. In fact, approximately 97% of the U.S. land mass is eligible, covering areas where about one-third of Americans live.
We’re here to make the USDA loan process easier, with tools and expertise to guide you along the way, starting with our no-cost USDA Loan Qualifier.
Here’s how our USDA loan process works:
I Want My No-Cost USDA Loan Quote
USDA loans require property location in USDA-eligible rural area, household income cannot exceed 115% of area median income, credit score minimum 640 for streamlined processing, debt-to-income ratio typically 41% or lower, U.S. citizenship or qualified alien status, stable employment history typically 2 years, and primary residence occupancy, subject to credit approval.
Not sure if you qualify? Our loan officers can check property eligibility and review your income limits to help you understand which USDA loan options may be available to you.
No. Despite the USDA name, eligible areas include many suburban communities and towns. Check the USDA eligibility map and you may b surprised by what qualifies as rural, including areas near cities.
Yes, but you can only have one USDA loan at a time. If you sell your current USDA-financed home, you can get another USDA loan for a new purchase in an eligible area.
If you exceed USDA income limits, consider FHA or conventional loans. Some conventional programs offer low or no down payment options with higher income tolerance than USDA.
The property must be safe, sound, and sanitary at closing. Minor repairs can be included in the loan, but major renovations typically aren’t eligible. Consider FHA 203k for fixer uppers needing substantial work.
Yes. USDA counts the income of all adult household members age 18 and older, even if they’re not on the loan. This includes adult children, parents, or other relatives living in the home.
USDA conditional commitment typically takes 2-3 weeks, with final approval taking another 1-2 weeks. Total closing timeline is usually 45-60 days from application to closing.
