No money down
For starters, a USDA loan is one of the only loan programs offered to the general public that allows you to finance 100% of your home’s value. That means no down payment of any kind!
USDA Loans Provider
What makes us tick?
About USDA Loans
At USDAloans.net, we specialize in the USDA Rural Development Guaranteed Home Loan Program. Here, you can learn about USDA loan guidelines, review eligibility requirements, and apply directly with experienced USDA loan specialists who work with this program every day.
Our team is knowledgeable in all aspects of USDA financing, from initial eligibility review through underwriting and closing. While we are not the USDA or a government agency, the loans we offer are backed by the U.S. Department of Agriculture, which helps make 100% financing possible for eligible homebuyers.
Great Loan Terms, Fixed 30 Year Terms & More
USDA home loans are often misunderstood and underutilized within the mortgage industry. Our team has specialized in USDA financing for more than 20 years and has extensive experience helping borrowers navigate program guidelines, eligibility requirements, and the overall loan process.
One of the most common challenges we see is that many lending institutions do not actively offer USDA loan programs. As a result, eligible borrowers are often placed into alternative loan products that may require higher down payments or additional monthly mortgage insurance, without realizing a USDA option may have been available to them.
Another common misconception is that USDA financing is only available in extremely rural or remote areas. In reality, many suburban communities qualify for USDA eligibility. While properties located in major city centers such as downtown Philadelphia typically do not qualify, many surrounding suburban and rural areas do. You may be surprised how many locations are eligible for USDA financing. We encourage you to review the USDA property eligibility map to explore qualifying areas here tester.
These are the benefits.
Why a USDA Loan?
USDA home loan interest rates are often comparable to and in some cases better than many other mortgage products. When combined with the program’s unique structure, USDA financing can provide significant advantages for eligible homebuyers.
Key benefits of USDA financing include:
• No down payment requirement for qualified borrowers
• Low monthly mortgage insurance costs compared to many low down payment programs
• Competitive fixed interest rates with 30-year term options
• Ability to finance eligible closing costs, in certain cases, when supported by the appraised value
If you are planning to purchase a home, it is important to review all available mortgage options. USDA financing is one of the most overlooked programs available to eligible buyers. To learn more or speak directly with a USDA loan specialist, contact us at 1-888-807-2353.
All mortgage financing referenced on this site is provided by Magnolia Bank, 651 W. Dixie Avenue, Elizabethtown, KY 42701. NMLS #423028. Member FDIC.
USDALoans.Net is not a government agency. You can view our privacy policy here Privacy Policy. Feel free to contact as with any questions here Contact Us.
USDA Home Loan Features
Great interest rates
USDA loans are made even more affordable through very competitive fixed interest rates, ensuring your payments will not increase every month.
Need a 620 credit score
USDA Loans .Net requires a middle credit score of at least 620. If you are close, apply and we can help.
Affordable 30 year terms
USDA home loans also offers affordable 30 year terms. If you are a first time home buyer, or not, a USDA loan is the perfect fit.
Roll in your closing costs
A USDA loan allows you to finance in your closing costs up to the appraised value. Making the USDA loan the only mortgage on the market with this ability.
Apply today
Start your USDA Loan now! It only takes 30 seconds to see if you qualify.
New Applicants: For questions about a mortgage application currently in process, please reach out to your Mortgage Loan Officer. If you are not sure who your Mortgage Loan Officer is, please email our Mortgage Help Desk at mortgagehelpdesk@magnoliabank.com. Customer Feedback: For complaints or to provide feedback, please email complaints@magnoliabank.com.
This communication does not constitute a commitment to lend or the guarantee of a special interest rate. All loan programs and availability of cash proceeds are subject to credit, underwriting and property approval.
