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USDA Home Loans

Buying a home in a USDA-eligible area affords you special down payment and credit requirements for your loan.

Qualifications for a USDA loan

Property Eligibility

While many people think that USDA-eligible properties must be in a farming area to qualify, this actually isn’t the case. The USDA defines a rural area in much broader terms. Approximately 97% of land in the United States qualifies for a USDA loan, including some suburban areas surprisingly close to the city limits. Even if you don’t think your property is eligible, it’s worth checking to make sure.

Eligibility requirements

To qualify for a USDA loan, home buyers must:

  • Purchase a home in a USDA-eligible area
  • Have a preferred minimum credit score of at least 640
  • Meet the income limits for the area
  • Occupy the dwelling as a primary residence
  • Be a U.S. citizen, U.S. non-citizen national or qualified alien

Income Limits

Home buyers must meet income requirements based on the property area to be eligible. USDA loans are targeted toward moderate earners, and borrowers must not earn more than 115% of the median income for that geographic region.

Apply for a USDA loan

Unlike other loan programs, USDA loans can only be issued by USDA-approved lenders. Our mortgage experts are experienced with USDA loans and can help make the process easy for you. Find a loan officer now to get started.

Our company is not endorsed by, nor acting on behalf of or at the direction of the U.S. Department of Housing and Urban Development, Federal Housing Administration, U.S. Department of Agriculture, Veterans Administration or the Federal Government.