USDA Loans

The “No Money Down, No Mortgage Insurance”
Home Loan for Suburban Communities.


Its fast, its easy, and we will help you every step of the way!

A USDA home loan has nothing to do with agriculture.

It’s simply a government insured loan program directed to families in qualifying rural areas of the U.S. — which generally include:

  • Communities outside of city limits

  • Communities with less than 20,000 people

It might surprise you just how many areas of the United States do qualify for these no money down, no mortgage insurance home loans.

The goal of the USDA loan program is to help our nation’s smaller, rural communities thrive by making land and property more affordable.

Why Buy a Home with a USDA Rural Development Loan?

In a word: Affordability.

For starters, a USDA Loan is the only loan program offered to the general that allows you to finance 100% of your home’s value. That means no down payment of any kind.

In addition, there is only a small monthly mortgage insurance payment with a USDA guarantee loan, which means more money can go to paying off the mortgage each month. USDA loans are made even more affordable through very competitive fixed interest rates, ensuring your payments will not increase every month.

  • NO down payment – Finance 100% of your home

  • NO maximum loan amount

  • NO assets needed to qualify

  • Flexible credit guidelines

  • Competitive, fixed interest rates so payments do not increase

  • USDA Loans are for new and existing properties

USDA Loan Eligibility – Do I Qualify?

There are only a few requirements you have to meet in order to be eligible for a USDA home loan. The first is that the home must be located in a designated USDA rural area. You can check the USDA eligibility of your county using the link below.

See: Location Eligibility Tester

If the home is in an eligible area, you must not exceed the current yearly USDA income limit set for your county. Finally, assuming you meet both the location and income requirements, the final requirement is an evaluation of your credit history. The USDA Rural Development loan program does not have a strict credit score guideline. Rather, it evaluates your credit history in an effort to ascertain your willingness to meet repayment obligations.

How do I get Started with a USDA Loan?

CREFCO is an experienced USDA lender and can help you qualify for Rural Development loan.

Simply fill out our easy application to find out the monthly savings available to you with a USDA home loan. It’s fast, easy, free… and there’s no obligation.

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