Best for
Moderate-income buyers purchasing in a USDA-eligible location.
- 0% down in eligible areas
- Guarantee fees lower than FHA mortgage insurance
- Many commuter suburbs qualify
Two tests to pass
Property eligibility (the address must sit in a USDA-designated area) and income eligibility (household income must fall under the county limit for your household size). Plenty of towns people assume are 'too developed' still qualify — we check the map before you tour.
Fees
A one-time upfront guarantee fee plus a small annual fee collected monthly. Both are typically lower than comparable FHA mortgage insurance.
Timeline note
Some USDA files route through a state office for final review, which can add a few days. We plan the contract dates accordingly.