USDA Rural Development 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.
USDA Rural Development Home Loan Advantages
- No down payment.
- Allows for non-traditional credit.
- Lower closing costs, with no limit on contributions from seller or gift money.
USDA Rural Development Home Loan Disadvantages
- Must meet USDA location standards.
- USDA Guarantee Fee is required.
Goodbye Paperwork.
Hello Instant Approval.
Save Your Time & Apply Online. Guaranteed Lowest Rates!
First Time Buyers
Buying your first home is an exciting time. Let us help you choose the right loan with the best terms.
We value your time
Apply for and upload your mortgage documents through our easy online lending process portal, allowing us to match you with the best available loan product!
Personalized financing you need.
We've helped thousands of people across Maryland, Virginia, DC, Florida, Georgia and West Virginia with their home mortgage and lending needs.
Refinancing
Take advantage of historic low rates and start saving more of your hard-earned money each month.
