Loan programs · USDA
USDA Loans
Government-backed financing for homes in eligible rural and suburban areas. Income, location, occupancy, credit and lender requirements apply.
Takes about 2 minutes. A quick inquiry, not a loan application.
Who it's for
Often a fit for buyers in qualifying areas who meet income limits.
Despite its name, the USDA loan is not only for agricultural settings. It is designed to help low- and moderate-income households own a primary residence in eligible rural areas.
Buyers in eligible areas
The property must be in a USDA-eligible area. You can look up an address, or send it to us and we will check it with you.
Households within income limits
Household income limits apply and are based on location.
Buying a primary residence
USDA loans are for the home you will live in, including new homes, existing homes and homes that need some renovation.
The details
How USDA loans work
The United States Department of Agriculture administers the program but does not lend the money. Similar to loans backed by the VA or FHA, these loans are guaranteed by the USDA. Private lenders such as banks and credit unions make the loan, and the guarantee reduces their risk.
The USDA Single Family Housing Guaranteed Loan Program offers 30-year fixed-rate financing for eligible primary residences. Upfront and annual guarantee fees may apply, and buyers may still need funds for closing costs. We can help you check income and property eligibility and compare the full costs with other loan options.
Program highlights
- 30-year fixed-rate financing through the USDA guaranteed program
- Household income and property-location eligibility requirements apply
- Upfront and annual guarantee fees may apply; compare the full loan costs
- For new homes, existing homes and some homes that need renovation
How it works
One conversation. Many lenders. Your choice.
As a broker, we don’t have one loan to sell you. We compare programs across lenders and walk you through the trade-offs in plain language.
Tell us your goal
A short inquiry: what you want to do, and how to reach you.
We review your options
A licensed loan officer looks at programs across our lender network.
You choose
Compare the trade-offs side by side. No pressure to move forward.
We guide you to closing
Application, processing and underwriting, with one team keeping you updated.
What is a USDA home loan?
A mortgage made by a private lender and guaranteed by the U.S. Department of Agriculture for eligible primary residences in eligible areas.
Who can use the USDA program?
Applicants must meet household income requirements and be buying a home for their own primary use in an eligible area.
How do I know if a property is eligible?
Eligibility depends on the property’s location. Send us the address and we’ll check it with you.
Are there fees?
Upfront and annual guarantee fees may apply, and buyers may still need funds for closing costs. We compare the full costs with other options.
How much do I need for a down payment?
It depends on the program, the property and your situation. We’ll walk you through what each option requires.
How long does the mortgage process take?
It varies with the loan program and your application. Once we review your situation, a licensed loan officer will walk you through what to expect.
Compare programs
Explore other loan programs
Program availability, eligibility and guidelines vary by lender and may change without notice. All loans are subject to credit approval, underwriting guidelines and property eligibility. This is not a commitment to lend.
See what's possible for your next move.
Two minutes to tell us your goal. A licensed loan officer follows up personally.