USDA Loans
USDA loans are backed by the U.S. Department of Agriculture and designed to promote homeownership in designated rural and suburban areas. They offer 100% financing with no down payment required.
$0
Down Payment
Apply
Income Limits
Rural/Suburban
Property Location
Key Features
- 100% financing available
- Low mortgage insurance costs
- Flexible credit guidelines
- Competitive interest rates
Benefits
- No down payment required
- Lower mortgage insurance than FHA
- Can include closing costs in loan
- Lower interest rates than conventional loans
Requirements
- Property must be in USDA-eligible area
- Income limits apply (typically 115% of area median)
- Credit score of 640+ recommended
- Must be primary residence
Ideal For
- Buyers in rural or suburban areas
- First-time homebuyers
- Those with limited savings for down payment
- Moderate-income households
Ready to Get Started?
Contact Jimmy Joseph MBA to discuss your usda loans options.
Jimmy Joseph MBA
NMLS #1577754
Branch NMLS #2477715
Let's Find Your Perfect Mortgage
Every situation is unique. Get personalized guidance from Jimmy Joseph MBA to find the best solution for you.