USDA Rural Loans

Loan terms: 30 Year Loans
Loan types: Purchase, Refinance
Interest Rate Types: Fixed
Property Type: Primary Residence


The Rural Housing loan is a federal program offered through the United States Department of Agriculture (USDA). It is designed to help borrowers with low-to-moderate income obtain home financing in specified rural areas. The program has an upfront guarantee fee of 1.0% (which can be financed into the loan) and a low monthly mortgage insurance premium. This is a great loan for those seeking financing in a rural area. Income and property location restrictions apply- see below for more details.

  • Available for properties in specified rural areas (click here to see eligibility map)
  • No down payment required
  • Flexible qualification guidelines
  • Financing up to 103.5% of the appraised value
  • Requires up-front guarantee premium & low rate monthly mortgage insurance
  • Maximum income limits vary by county (click here for details)