Should I use a USDA mortgage loan to buy a home?

The USDA loan program assists approved lenders in providing low- and moderate-income households the opportunity to own adequate, modest, decent, safe and sanitary dwellings as their primary residence in eligible rural areas. Eligible applicants may build, rehabilitate, improve or relocate a dwelling in an eligible rural area. The program provides a 90% loan note guarantee to approved lenders in order to reduce the risk of extending 100% loans to eligible rural homebuyers.

The USDA loan program is not always the best option for a buyer looking for a zero down loan or buyers that have $1000 dollars of their own money to put down

Borrower’s using a USDA loan are required to have a much lower debt to income ratio than borrowers using FHA or Conventional loan to buy a home.

The form below will help you find what is the best solution for your current situation!