USDA Loans

If you are looking for a home in a rural area, the USDA Loan Program offers low to moderate income borrowers more affordable housing finance options.
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Requirements

What you need to get started

620
Minimum Fico Score
41%
Maximum Debt-to-Income Ratio
0
No Down Payment
2%-6%
Closing cost of the purchase price

Product Highlights

  • Lower monthly payments
  • No down payment
  • Only one credit score required per borrower
  • Seller can contribute to the borrowers closing costs

Documents Needed

  • Drivers License
  • W2's- Last two years
  • Paystubs- Two most recent
  • Bank Statements- Two months
  • Tax Returns- Last two years (For self-employed only)