Zero down payment mortgages for eligible rural and suburban properties
USDA Rural Development loans are government-backed mortgages designed to promote homeownership in rural and suburban areas. These loans offer 100% financing with no down payment required for eligible borrowers purchasing homes in USDA-designated areas.
100% financing available for qualified borrowers
Competitive rates backed by government guarantee
Promotes homeownership in less populated areas
Use the USDA Property Eligibility Map to verify if a specific address qualifies for USDA financing.
Most popular USDA option with stable payments
Faster payoff with lower total interest
USDA loans have income limits based on the area median income. Your household income cannot exceed 115% of the area median income.
Average income limit (varies by area)
Average income limit (varies by area)
Limits adjusted for expensive markets