For ZERO Down You Could Get a USDA Mortgage. Get Quotes Now!

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What is a USDA loan?

USDA loans are mortgages supported by the Department of Agriculture as part of its program of secured loan USDA Rural Development Housing. USDA loans are available to home buyers with lower than average income for their area, providing 100% financing with reduced insurance premiums mortgage, and mortgage rates below market value.

The objective of USDA home loans is to help people fulfill their dreams of owning a home when they thought they would forever need to rent.

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Who are eligible for it?

USDA loans are still under wraps and not disclosed in the mortgage lending industry today. Those who discover it quickly realize that it is far better than the FHA or conventional.
The loan comes with income eligibility standards and geographical location criteria, though. The best way to start is to get a quote for USDA, which comes with full control eligibility by the USDA lender.

How to get this loan?

Here are the steps to get loans from the USDA:

  • Apply with a lender approved by the USDA (30 minutes)
  • Provide the lender with income, assets, and credit information (1 day)
  • The lender issues a pre-approval (3 days to 1 week)
  • Find a home in a USDA-eligible geographic area (depends on the domestic market time)
  • Find a home in a USDA-eligible geographic area (depends on the domestic market time)
  • The lender checks the evaluation and any other elements required (1 week)
  • The lender sends the file to the office of your state USDA for approval (1 day)
  • USDA office processes a final “sign-off” (a few days to a few weeks)
  • The lender sends the closure documents to the escrow company, which needs to be signed by you (1 week)
  • The loan is approved and the house is yours (3 days)

Get a Free USDA Loan Quote

Take advantage of low interest rates and find a mortgage that fits you budget. Get a get a usda loan quote now.

What credit score is required for this loan?

For USDA Loan most lenders will require a 640 FICO score to qualify, although some will go down to 580.

Advantages and Disadvantages


  • No down payment option (funding 100%) **
  • No cash reserves needed
  • Flexible credit qualifying guidelines
  • The seller can pay closing costs
  • Fixed and low interest rate
  • No initial payment penalty
  • Capacity to finance repairs and closing costs on loan
  • Good for purchase or refinance
  • You can build a house with this loan


  • Geographical restrictions
  • Includes mortgage insurance (can be financed into loan)
  • Income limits
  • Single-family, owner-occupied single – there are no duplex houses

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