No money down: 100% of the home's value
USDA loan benefits
- No down payment required for eligible buyers
- Low mortgage insurance compared to many other loan types
- Seller can help with closing costs
- Fixed-rate, 30-year terms
Who qualifies
- Location. The home must be in a USDA-eligible area. We'll check the address for you.
- Income. Household income must be within the limit for your county.
- Occupancy. The home must be your primary residence.
Good to know
Most coastal and big-city areas aren't eligible, but many inland and outlying communities are. The home also needs to be in good condition. If it needs significant repairs, a renovation loan might be a better fit.
Where this is available
California, Arizona, Colorado, Florida, and Texas.
Program availability can vary by state and property. Contact us to confirm options for your home.
Frequently asked questions
How do I know if a home is in an eligible area?
Send us the address and we'll check it for you.
Is there an income limit?
Yes. Household income limits vary by county and household size. We'll help you figure it out.
Is USDA only for farms?
No. USDA loans are for regular single-family homes in eligible areas, not farms.