USDA Loans are guaranteed through the U.S. Department of Agriculture, USDA Rural Development loan program. Through the USDA loan program homeownership opportunities are available to millions of American Families in rural communities and areas just outside of major metropolitan areas.
The USDA Rural Development loan program offers first time homebuyers and move-up buyers the following benefits:
 | No money down USDA Loans, making the USDA Loan the only 100% financed mortgage available to everyone |
| USDA Loans monthly mortgage insurance premiums are 66% lower than a comparable FHA Loan |
| USDA home loans offer flexible credit requirements |
| The USDA program only offers a safe, secure 30 year fixed rate mortgage |
| USDA Loans have no maximum loan amount |
| $0 out-of-pocket closing costs allowed on a USDA loan |
| Most property types allowed so long as they are located in a USDA Rural Development area |
The USDA Rural Development loan program is designed to assist moderate income families achieve homeownership in rural communities through the USDA loan program. Qualifying guidelines for the USDA Loan require:
| The property be located in a designed USDA Rural Development area |
| USDA Loans require that the property be in "move-in" condition |
| The land value on a USDA loan must be less than 30% of the appraised value and not sub-dividable |
| Household income not exceed USDA Loans maximum income guidelines based on family size |
| All borrowers on a USDA loan must be credit qualified |
