USDA LOANS
USDA Rural Home Loans
No-down-payment financing for eligible buyers purchasing in qualifying rural and suburban areas.
OVERVIEW
Zero down in eligible areas
The USDA Single Family Housing Guaranteed Loan Program helps low- and moderate-income households buy homes in eligible rural areas. Qualified borrowers may finance up to 100% of the purchase price, with an upfront and annual guarantee fee instead of traditional mortgage insurance.
Eligibility depends on both the property location and your household income. Parts of Florida outside the major metro cores — including some areas of western Palm Beach County — may qualify. Alex can check a specific address and your household income against current USDA maps and limits.
At a glance
- No down payment for eligible borrowers
- Property must be in a USDA-eligible area
- Household income limits apply
- Upfront and annual guarantee fees apply
- Fixed-rate, 30-year financing
Who it’s a good fit for
- Buyers looking outside dense urban areas
- Moderate-income households
- Buyers with limited savings for a down payment
KEY FEATURES
How it works
Location-based
USDA publishes eligibility maps. Many areas outside big city centers qualify, but most dense urban areas do not.
Income-based
Total household income must be within USDA limits for the county and household size.
Guarantee fees
An upfront guarantee fee (which can be financed) and an annual fee paid monthly replace conventional mortgage insurance.
Primary residence only
USDA loans are for homes you will live in — not second homes or investment properties.
GENERAL GUIDELINES
What lenders typically look at
- Property in a USDA-eligible area
- Household income within the county limit
- Credit, income and debt ratios that meet USDA and lender guidelines
- U.S. citizenship, non-citizen national or qualified alien status
- The home must be your primary residence
Guidelines vary by lender and change over time. Alex will review your specific situation against current program rules.
GOOD TO KNOW
Things to consider
- Eligibility maps and income limits change — always verify
- Processing can take longer because USDA reviews the file
- Not available for investment properties or second homes
Run your numbers first
Use the Affordability Calculator to see how much home fits your budget. Then tap Check My Options and Alex will confirm real figures for your situation.
FAQ
Common questions
How do I know if a home is in a USDA area?
Alex can check the address against the USDA eligibility map before you make an offer.
Is there a maximum purchase price?
There is no fixed purchase price cap for guaranteed loans, but household income limits and your ability to repay effectively set the budget.
Can I use USDA if I already own a home?
Generally the program is intended for buyers who do not own adequate housing. Alex can review your situation.
GET STARTED
See what you may qualify for
Share a few details and Alex will follow up personally to review your options — usually the same business day. No obligation, and requesting information does not affect your credit.
- Shop 300+ wholesale lenders through NEXA Mortgage
- Clear answers on rates, costs and cash to close
- Pre-approval decisions typically within 24 hours of a complete application
By submitting, you agree to be contacted by phone, text or email about your inquiry. Message and data rates may apply; reply STOP to opt out of texts. Consent is not a condition of any loan. This is not a loan application — please do not include Social Security numbers, account numbers or financial documents. See our Privacy Policy.
EXPLORE MORE
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Not a commitment to lend. Not all applicants qualify. Programs, rates, terms and availability may change without notice. All loans are subject to credit, income, asset and property approval. H. Alex El-Ali, NMLS #1513750, FL LO125697 | NEXA Mortgage, LLC, NMLS #1660690. Equal Housing Lender.
Ready To Take The Next Step?
Talk with Alex about your goals — no pressure, no obligation.