What is a USDA loan?

A USDA loan provides 100% financing for low and medium income buyers who are looking to purchase a home in a rural development area. Eligibility is restricted to “rural” areas, which is a area defined as land with fewer homes or office buildings.

Unlike conventional loans, no down payment is required and the credit score minimum is more flexible. If your FICO score is low due to lack of credit history, as opposed to a bad credit history, you may still qualify.

What are the benefits of a USDA loan? 

No down payment required100% financing on a fixed 30-year loanFlexible underwriting guidelinesGifts or grants are accepted from friends, family and non-profit agencies to cover closing costs

To check if a property is USDA eligible, you may visit

If you’re considering a USDA loan or want to know if this loan is right for you, contact us today for further information and guidance.