Affordable homeownership in rural communities
A USDA home loan offers affordable financing for buyers in eligible rural areas. With no down payment required, up to 100% financing and below-market rates, this program makes homeownership more accessible than ever.
U.S. Department of Agriculture home loans have simple qualification criteria, low monthly mortgage insurance and are not limited to first-time homebuyers. Closing costs can come from any source, even a gift.
Our lenders will help you determine eligibility and guide you through the USDA approval process.
Highlights:
- 100% financing available
- Competitive interest rates
- Available in designated rural areas
- Backed by the U.S. Department of Agriculture
Get started with a USDA Home Loan today
Discover if your future home qualifies. Check eligibility on the USDA website or let our team help you understand the ins and outs of USDA loan eligibility and benefits. Talk to a lender today <link to the Mortgage Consultants pages> or apply online.
Explore additional assistance beyond the down payment
USDA loans already offer no down payment for eligible rural and suburban home buyers, but that doesn’t mean down payment assistance isn’t worth exploring. Some down payment assistance grants can be applied toward closing costs or prepaid expenses, making your home purchase even more affordable. If you're a first-time home buyer in Florida, ask us about programs in your area that may offer grants to help with down payment or related costs.
Learn more about Down Payment Assistance right here in our Homebuyers Guide. Then rely on our mortgage consultants to help you weigh your options and choose the type of loan and down payment assistance program that best fits your needs and goals.
Compare mortgage features & advantages
The choice of which mortgage program is right for you depends on a number of factors, including your current financial picture and how long you intend to keep your house. Learn more about the general features and advantages of each program, then allow our mortgage experts to help you evaluate your options and choose the best fit for your plans.
| Mortgage Type | Best mortgage if you want: | ||||
|---|---|---|---|---|---|
| Fixed Monthly Payments | Adjustable Rates | No or Low Down Payment | Good Option for First Time Buyers | Construction to Permanent Eligible | |
Adjustable-Rate MortgageKey Features: Lower initial interest rates. Potential for significant savings if planning to move in a relatively short time. More on ARMs Apply Online |
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FHA LoanKey Features: Lower down payment requirements. Great option for first-time home buyers. More on FHA Loans |
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Fixed-Rate MortgageKey Features: Predictable monthly payments. Good option for buyers purchasing their forever home. More on Fixed-Rate Mortgages |
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USDA Rural Development Guaranteed LoanKey Features: No down payment. Liberal qualifying guidelines. Properties must be in USDA-eligible areas. More on USDA Loans |
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VA Home LoanKey Features: Relaxed qualifying guidelines. Available to veterans of the U.S. Armed Forces and their spouses. More on VA Loans |
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Jumbo Home LoanKey Features: For larger loan amounts that exceed conventional limits. More on Jumbo Loans |
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