No Down Payment Loan Program for Rural Home Buyers

USDA Home Loan

The USDA loan program helps stimulate the economy in select rural areas. The loan program helps low to moderate-income families own a home without the barrier of a large down payment requirement or perfect credit.

Dad pushing daughter on swing
Mom walking with daughter

Loan Highlights

  • No down payment required
  • A minimum FICO® Score of 640
  • Loans available to borrowers with income that doesn’t exceed $86,850 in most areas (varies by area)
  • Loans available on 1 – 4 unit properties, condos, and PUDs
  • Lower mortgage insurance requirements than most federal-backed loans
  • Available as a fixed-rate or adjustable-rate mortgage

Have Questions? Let’s Chat.

Call us today at (888) 379-0303 for a Free Consultation and to learn if a USDA loan may be right for your situation.

Nice new homes

Loan Requirements

  • The USDA uses household income to determine eligibility (ensuring you make less than the limits for your area), but only borrower/co-borrower income to qualify for the loan
  • The property must be your primary residence
  • The property must be rural according to the USDA guidelines

Other terms and conditions will apply. Contact a Mortgage Loan Originator for more information.

Luxury Mortgage Logo
We're dedicated to helping borrowers find the right home loan program for their situation. Contact us today for a free quote and consultation.

Call us today: (888) 379-0303

Four Landmark Sq. Suite 300
Stamford, CT 06901

Equal housing lender logo