United States Department of Agriculture Loan

What is a U.S. Department of Agriculture loan?

Also known as USDA Loan, this zero-down, 100% financing home loan is sponsored by the United States Department of Agriculture to promote homeownership in less-dense communities across the U.S.

The U.S. Department of Agriculture Loan often known as the USDA Rural Development Loan (RD Loan) or Rural Housing Loan. The program is part of the larger Rural Housing Service under USDA’s umbrella of programs.

Features & Highlights
  • May help low-to-moderate income borrowers qualify
  • No down payment for eligible applicants in designated rural areas
  • Allows seller contribution to closing costs
Eligibility Requirements are as Follows
  • The property must be in an eligible rural area
  • The property must not be a working farm
  • Your household income, which includes everyone in the home, must not exceed 115% of the area median family income

Get pre-approved today for a USDA Loan