USDA Loans

USDA loans are mortgage loans that help make purchasing a home more affordable for those living in rural areas. The U.S. Department of Agriculture backs USDA loans in the same way the Department of Veterans Affairs backs VA loans for veterans and their families.

Typically, lower interest rates are available through a USDA loan. If you qualify, you can buy a home with no down payment, although you’ll still be responsible for closing costs.