What Are They?

Federally backed USDA loans offer many benefits not available in other loan programs, geared toward getting you the financing you need to be a homeowner.

These loans are for income-qualified borrowers looking to buy homes in U.S. Department of Agriculture-approved rural areas — a designation that’s not nearly as restrictive as you might think.

Other Benefits Include

In addition to a fixed interest rate and payments, benefits include:

$0 down payment

Gift funds allowed

Up to 6 percent seller assist

Competitive 30-year fixed rates

Covers up to $417,000 purchase