The USDA Guarantee loan is a 100% financing mortgage for moderate-to-low-income homebuyers in eligible rural and suburban areas.

USDA Home Loan Benefits

• Zero down payment
• Low mortgage rates
• Low PMI (mortgage insurance)
• 30 year and 15 year fixed rate options available
• Easier to qualify for than conventional mortgages

USDA Loan Requirements

• Meet the income limit
• Be a U.S. citizen or qualified alien
• Must be your primary residence
• Pay your bills on time consistently 
• The property must be in an eligible location -You can check the USDA Property eligibility.
• Work with a USDA-approved lender
• Must wait 36 months after a bankruptcy/foreclosure to qualify
• Have an adequate credit score for the loan