USDA Home Loans

Guaranteed by the United States Department of Agriculture (USDA), these loans offer an affordable way to purchase property in rural neighborhoods. These are non-urban areas, but often include villages or small towns near bigger cities. The loan term is a 30-year fixed-rate mortgage.

The USDA loan’s purpose is to provide low to moderate income households the opportunity to achieve the dream of homeownership in eligible rural areas. They help to do so by guaranteeing each USDA loan against default. This guarantee allows for some great benefits such as zero down payment, low rates and lenient credit requirements.