What is a USDA Loan?

USDA U.S. Dept. of Agriculture

The rural housing loan is a federal loan program that is used to help low income borrowers to purchase homes in rural areas. USDA Loans are for non-farm homeowners in rural areas and are also for rural housing development.

The United States Department of Agriculture’s (USDA) Rural Housing Service guarantees loans up to 100% financing for qualified customers living in rural areas around the country.

USDA Home Loan Benefits:

  • 100% Financing Available – No down payment required.
  • Low monthly mortgage insurance – you may qualify for a larger loan.
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