What makes a USDA loan desirable is they are ZERO down, LOW interest rate mortgages.  The United States Department of Agriculture guarantees the loans. They help very low-to-moderate income buyers become homeowners. The home must be in a rural area, which the USDA defines as having a population under 35,000. There are also a few suburban areas that meet the USDA criteria.


To qualify for a USDA loan, you:
  • Do not have to be a first-time homebuyer
  • Do not have to be employed in the agricultural industry, even though the Department of Agriculture backs the loans
  • Must be a U.S. citizen or an eligible noncitizen (permanent resident)
USDA loan