The U.S. DEPARTMENT OF AGRICULTURE (USDA) loans are backed through the Rural Housing Department. They are available to millions of eligible primary home buyers with low to moderate incomes or scarce funds for down payments.
Here are some of the benefits:
- There is no down payment required
- Flexible qualifying requirements for borrowers with past credit issues*
- Offers competitive rates compared to conventional loans
*Eligibility varies on individual. Contact us for more details.