USDA Loans
The U.S. Department of Agriculture backs USDA loans to encourage homeownership in rural and suburban areas. With no down payment requirement and reduced mortgage insurance costs, USDA loans are an affordable way for qualified buyers to purchase a primary residence in eligible areas.
Scenario
Alex and Brianna dreamed of raising their kids outside the city, but thought they couldn’t afford it. Their lender showed them they qualified for a USDA loan in a nearby suburban community, and with no down payment required, they were able to move sooner than expected.
“Country Living, Zero Down.”
Borrower Checklist:
Home located in eligible rural/suburban area
Meet USDA income limits
Minimum credit score ~620
Documentation Checklist:
Pay stubs & W-2s
Tax returns (2 years)
Bank statements
Valid photo ID
Proof of property location eligibility
34125 US Highway 19
Suites 110 and 200, Office 291
Palm Harbor, FL 34684
1.813466.4319
NMLS: 1693869 | 130562
Licensed by the Department of Financial Protection and Innovation (DFPI)