Read about USDA Loan News, Updates and Guidelines
USDA Loans don't have PMI. But there are upfront and annual mortgage insurance fees. Take a closer look.
Learn about the first steps of a USDA Loan. Prequalification and preapproval get you on your way to becoming a homeowner.
Bad credit doesn’t automatically preclude you from buying a home. You still have options with a USDA loan.
Latest on USDA Eligibility USDA Loans have helped over 1.5 million people buy homes. Now it's your turn →
Through the USDA’s combination construction-to-permanent loan, or single-close loan, homebuyers wishing to build a home with a USDA loan can do so. The single-close loan ...
USDA Energy Efficient MortgageWhether you’re interested in reducing energy bills or would like to make less of an environmental impact, you can do so though ...
If a single-family home is out of your price range or you’re simply looking for a lower-maintenance property, condominiums can offer an ideal living situation. ...
USDA loans can be used on manufactured or modular housing, but the unit and property site must meet additional property requirements to be approved for USDA financing.
USDA loans are a government backed mortgage option available to rural homebuyers. Despite its reputation as a product for “rural” properties, the guidelines actually permit ...
Homeowners insurance is a way to protect your investment in your USDA-guaranteed home from fires, natural disasters, accidents, theft, and other kinds of damage. It’s ...
USDA Loans don't have PMI. But there are upfront and annual mortgage insurance fees. Take a closer look.
Blemishes on your credit can happen – and bankruptcy or foreclosure can be a particular concern for those hoping to buy a home with a ...
Things are getting tougher out there for homebuyers between rising home prices and climbing interest rates.But for people wanting to live in suburban or rural ...
One way that lenders determine how much money you can borrow is with a debt-to-income (or DTI) ratio. Your DTI ratio shows what percentage of ...
Lenders look at debts, income and credit history to determine if you can qualify for a USDA mortgage.
You have to meet the USDA's income limits to use a USDA loan. Income limits vary by location and household size.
USDA loans have a number of benefits – chief among them the fact that there is no down payment required. While they have the reputation ...
For many low- and middle-income earners, the USDA loan and the FHA loan are the best mortgage options out there. Offering a low barrier to ...
If you’ve never heard of a USDA loan, you’re not alone. In fact, you might even call the benefits of USDA loans a well-kept secret. ...
It’s easy to confuse an appraisal with a home inspection. Though both involve a third-party assessment of a property, they each have a unique end-goal ...
The USDA loan program is designed to provide an affordable, minimal-barrier route to homeownership for low- and middle-income earners. In order to qualify, the property ...
Buyers considering a USDA loan often want to know how long it takes to close on a USDA loan.Every homebuying situation is different. But once ...
With flexible credit requirements and no down payment, it’s no wonder USDA loans have become a popular option among today’s homebuyers. To be eligible, you’ll ...
USDA loans feature some significant benefits, especially for first-time homebuyers. The largest advantage is that there’s no down payment required, but these flexible government-backed loans ...
Underwriting is the process by which a lender evaluates the risk of a borrower, as well as their eligibility for a specific loan program. There are ...
An appraisal is a way that lenders obtain an independent value for a property. It’s a crucial part of any loan process, because it establishes ...