Home loans with up to 100% financing for homebuyers in eligible rural areas

USDA Loan Quick Facts

0% Down

Minimum Down Payment


Minimum Credit Score


Max Debt-to-Income Ratio

What is a USDA Home Loan?

The USDA Home Loan Program provides up to 102% financing (the purchase price and guarantee fee) for low- to moderate-income homebuyers wanting to buy a home in a rural development area. USDA Home Loans are affordable and backed by the federal government. Qualified program participants must purchase a home in an eligible rural area, as defined by the U.S. Department of Agriculture, and have a household income that does not exceed the established limits where the home is located.

What are the benefits of the USDA Home Loan?

USDA Home Loans offer the following features:

  • Eligible properties include single-family homes, new construction, modular homes, planned unit developments (PUDs), and eligible condominiums.
  • Down payment: Minimum is 0%. The one-time USDA guarantee fee can be included in the loan financing. Mortgage insurance is required.
  • Borrower’s income: Can’t exceed the USDA Rural Development limits for the area.
  • Gifts and grants permitted from family or government assistance agencies.
  • Other requirements and conditions apply.

Who may benefit from the USDA Home Loan?

A USDA Home Loan may the right fit for you if:

  • You’re a first-time or repeat homebuyer.
  • You want a 0% down payment.
  • You’re interested in buying or building a home in an eligible “rural area,” which includes many suburban areas fairly close to cities.
  • You’re a low- to moderate-income buyer.

Meet Your Mortgage Expert for
USDA Home Loans

Yvonne Godina

| NMLS #312632


Is a USDA Loan right for you?

Get in Touch with a La Cantera Loan Expert:

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