USDA Loans

A USDA loan provides many options for borrowers. Made possible through the US Department of Agriculture, this type of loan reduces costs for homebuyers in rural and suburban areas and is one of the most cost-effective loan programs in the marketplace. USDA home loans are available to borrowers who meet certain income and credit standards. The most important requirement of a USDA loan is that the property must be located in a USDA-eligible geographic area.


  • 100% Financing
  • Annual guarantee fee paid monthly
  • $417,000 maximum loan amount
  • Properties limited to 1-unit, non-farm, primary residences
  • 6% limit on seller concessions
  • No financial reserves required for 1-unit properties
  • 102% maximum loan-to-value
  • Closing costs can be financed

« Back