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USDA Loans

Are you looking to finance a property in a rural or suburban area with a population of 10,000 or less? If so, USDA mortgages may be worth considering. Eligibility is based on income and location, and the loan does not require you to purchase a farm or ranch.

To qualify, you need

  • Dependable income, typically two years' worth of steady employment
  • To be within the loan guarantee income limit for the county in which you live
  • To occupy the home as your primary residence


  • No down payment
  • Flexible credit requirements
  • Competitive fixed interest rates
  • Low private mortgage insurance (PMI)
  • No maximum mortgage amount (amount is based on your income)
  • Finance 100% of home's appraised value

What you need to know

Again, location is key. The USDA website can help determine if the property you are interested in falls within a USDA eligible area. Be sure the property is a condo, manufactured home, unit development, or single family home.

While there are many benefits to enjoy, there are also fees involved, including an upfront mortgage insurance premium and an annual mortgage insurance fee. These fees are far less than what you'd pay in FHA mortgage insurance premiums, so it's a loan program that's definitely worth consideration.

Get started today. Make the call to (800) 910-4055, or complete the online application. Let our expert team guide you through your USDA loan.

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