USDA Mortgages

If you’re dreaming of homeownership but worried about saving for a down payment, a USDA loan could be the perfect solution. Offered through the U.S. Department of Agriculture’s (USDA) Rural Development Program, these loans are designed to help low-to-moderate income families buy homes in eligible rural and suburban areas—with zero down payment required.

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Why Consider a USDA Loan?

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• No Down Payment Needed – One of the biggest advantages of a USDA loan is that you can finance 100% of the home’s purchase price.

• Affordable Financing – Competitive interest rates and flexible loan terms help keep payments manageable.

• Government-Backed Security – USDA guarantees the loan, giving lenders confidence and helping borrowers secure better loan terms.

• No Private Mortgage Insurance (PMI) – Unlike conventional loans, USDA loans don’t require PMI, though borrowers do pay a small Mortgage Insurance Premium (MIP) to keep the program sustainable.

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Who Qualifies for a USDA Loan?

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• Income Eligibility – Your income must fall within the USDA’s income limits, which vary by location and household size.

• Location Matters – The home must be in a USDA-eligible rural or suburban area (check eligibility online or with a lender).

• Primary Residence – USDA loans are for owner-occupied homes only, not investment properties or vacation homes.

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A USDA loan could make owning a home more affordable than renting! If you’re interested in learning more, reach out today—we’d love to help you take the next step toward homeownership.