What Is an USDA Home Loan?

What Is an USDA Home Loan?

The USDA Home Loan is a no-down-payment mortgage designed primarily for low- and middle-income homebuyers in rural areas. The USDA Loan is part of a national program developed by the US Department of Agriculture to help first-time homebuyers or lenders who do not meet traditional mortgage requirements. A USDA mortgage facility includes no down payment … Read more