USDA (United States Department of Agriculture) loans – also known as RHS loans – are government-backed mortgages designed to help low- and moderate-income families buy homes in eligible rural and suburban areas. Benefits Include:
If you’re purchasing in an eligible area and meet income guidelines, you may qualify for one of the most affordable home financing options available today.
1. Eligibility Check
You must purchase a home in a USDA-approved area and meet income limits based on your household size and region.
2. Get Prequalified
Find out how much home you can afford and start the process with a USDA-approved lender.
3. Submit Application
We'll help you gather financial documents and complete your full application.
4. Get Approved & Close
Once approved, you'll enjoy zero-down financing and competitive rates.
| USDA Loan | FHA Loan | Conventional Loan | |
|---|---|---|---|
| Down Payment | $0 | 3.5% | 3-20% |
| Mortgage Insurance | Lower than FHA | High | Varies |
| Income Limits | Yes (based on area & house) | No | No |
| Property Eligibility | Rural/Suburban only | Any | Any |
| Credit Flexibility | More Lenient | Moderate | Strict |
A USDA loan is a mortgage backed by the U.S. Department of Agriculture. It’s designed to help people buy homes in eligible rural or suburban areas with little to no money down.
No. While USDA loans are popular with first-time buyers, you don’t have to be one to qualify. The main requirements are that the home is in an eligible area, and you meet income and credit guidelines.
The first step is to get prequalified. Belinda will review your finances, talk through your goals, and help you understand how much home you can afford and which loan programs you may be eligible for. Get started online here, or give Belinda a shout!