A Primer on USDA Loans
Like the Department of Veterans Affairs and the Federal Housing Administration, the United States Department of Agriculture (USDA) also provides a mortgage option – the USDA loan.
The USDA loan is a lesser-known mortgage program that allows eligible rural and suburban homebuyers to finance a home without a down payment.
Start Your USDA Loan
After estimating payments with the USDA loan calculator, take the first step towards a USDA loan and speak with a USDA-approved lender to determine if you are eligible. Your lender will assess the purchase location, your financial situation and uncover any red flags that may prevent you from obtaining a USDA-guaranteed loan.