We offer affordable loans to eligible low to middle income borrowers
What Is A USDA Loan?
USDA Loans are offered through Rural Housing Services (RHS) and are available for rural properties and borrowers who meet certain income requirements. It is a government-backed loan, which, like VA loans, does not require a down payment. Borrowers are required to pay a guarantee fee up-front and for the life of the loan. USDA loans can only be used for primary residences.
Top Reasons To Get An Adjustable Rate Mortgage
No Down Payment
USDA loans provide 100% financing for borrowers, which means no down payment is required.
Low Income Requirements
The USDA program is specifically designed for low to moderate income households. You don’t need a high income to qualify!
Low MI Premiums
USDA loans have lower mortgage insurance (MI) premiums than other loan products. This is another way USDA loans provide long term savings.
Lower Interest Rates
Like VA loans, interest rates on USDA loans tend to be lower than for conventional products. This translates to lower monthly payments.