The USDA Rural Development loan is one of the best-kept secrets in housing finance. Zero down, competitive rates, and an income-based program — but only on homes in eligible areas. Surprise: 'rural' often includes outer suburbs of major metros.
Eligibility checks
Two boxes: the property has to sit in a USDA-eligible area (check the USDA map), and your household income has to fall under 115% of the area median. Many household compositions qualify that wouldn't seem to.
Cost structure
1% upfront guarantee fee, 0.35% annual fee — both cheaper than FHA MIP. Rates are typically on par with conventional.
Use our free calculators to apply this to your situation in seconds.
Frequently asked questions
How rural does it have to be?
Less than you'd think. Many towns and exurbs of major metros qualify. We check eligibility in 60 seconds with your target address.
Can I buy a fixer-upper with USDA?
Yes — USDA allows up to $35k in repair funds rolled into the loan via the USDA Repair Escrow.