A USDA home loan is a zero down payment mortgage loan with low mortgage rates for eligible rural and suburban homebuyers. Find out if you qualify for a USDA home loan and start your search today.
Home Loans – Home Loans. Home Loans. Owning a home is a dream come true for most people. In the U.S., the introduction of the USDA loans has eased the process of buying homes to a great extent. USDA Loans Direct offers customers with the once in a lifetime opportunity to buy their dream homes with help of a USDA home loan, a rural home loan program which requires zero down payment.
USDA Home Loan Requirements – Apply for USDA mortgage – USDA Home Loan Information & Resources.. The USDA rural home loan is a unique program that is not offered by all lenders.. The qualifying requirements for a USDA Home Loan are similar to an FHA loan and are generally much easier and forgiving than conventional loan programs.
Maximum USDA Mortgage Loan Limits and Additional Qualifying Requirements. The VA and FHA mortgage loans have loan limits. usda Guaranteed Rural home loans do not have loan limits. Borrowers are only limited by their ability to repay. Borrowers would nonetheless have to meet certain eligibility and qualifying requirements. USDA Eligibility Criteria: