USDA/Rural Development Loans
Home loans guaranteed by the United States Department of Agriculture (USDA) provide affordable financing options for properties located in designated small towns, suburbs and exurbs. This program helps eligible low- to moderate-income families achieve homeownership by offering a no down payment option.
With flexible requirements, USDA loans feature:
Eligibility is based on the property size, location and condition along with income and other qualifying factors. Some of these requirements include: