What is a USDA loan?

Guaranteed by the USDA, this mortgage was originally created to help rural Americans purchase a home of their own. USDA financing provides significant benefits to homebuyers in a wide variety of areas around the country.

Can I qualify for a USDA loan?

The USDA home loan was created to improve the economy and quality of life in rural and suburban America. It has less stringent qualifications and credit requirements compared to many other mortgage options. Income limits vary by location and depend on the size of your household.

And while a USDA-backed mortgage may seem like it is only meant for those familiar with the country, you may be surprised at how accessible this home loan is. Eligibility is simply a matter of meeting the income and location requirements.

How much is the down payment for a USDA loan?

The USDA mortgage offers qualifying borrowers the option of no down payment when they purchase a home in designated rural areas.

If you’re interested in a USDA home loan, getting getting pre-qualified is a great place to start. Talk to your local loan officer to see if you qualify for a USDA home loan today.

Eagle Home Mortgage First-Time Homebuyer Guide

A First-Timers Guide to Mortgages

Are you a first-time homebuyer considering a USDA Loan? Then our First-Time Homebuyer Guide can help you through the entire mortgage process, from pre-approval to closing and beyond.

Download the Guide Now


  • No down payment for eligible applicants in designated rural areas
  • Flexible qualifying criteria that allows low-to-moderate income borrowers qualify
  • Allows seller contribution for closing costs
  • Allows borrowers to use a gift or grant for down payment

Ready to begin your loan application?Get Pre-Qualified

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