USDA Home Loans | Mortgage Market Update

Make Rural Homeownership Possible

USDA Loans help make homeownership more accessible and affordable for families looking to buy in eligible rural and suburban areas. Discover how you can benefit from zero down payment, low interest rates, and flexible credit guidelines.
Family in front of their new home
What is a USDA Loan?
A USDA Loan is a government-backed mortgage offered through the USDA Rural Development Guaranteed Housing Loan Program.
It's designed to help low-to-moderate income borrowers purchase a home in qualified rural areas—making homeownership possible with little to no down payment.

For many families, saving enough for a down payment is the biggest barrier to homeownership. USDA Loans bridge this gap, allowing buyers to finance 100% of a home’s value, enjoy affordable interest rates, and minimize upfront costs. This can help you move into your own home faster, without waiting years to save.

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Key Features of USDA Loans
Zero Down Payment
Zero Down Payment
Purchase your home with no money down, making homeownership possible sooner.
Competitive Interest Rates
Competitive Interest Rates
USDA loans often offer lower interest rates than conventional mortgages.
Flexible Credit Requirements
Flexible Credit Requirements
Qualify even if your credit history isn’t perfect.
Reduced Mortgage Insurance
Reduced Mortgage Insurance
Lower monthly insurance costs compared to FHA or conventional loans.
Eligibility Requirements
To qualify for a USDA Loan, you generally need to meet these requirements:
Location
Location
The property must be in an eligible rural or suburban area.
Check the USDA Map
Income
Income Limits
Household income must not exceed 115% of the area median.
Primary Residence
Primary Residence
The home must be your main residence, not a second home or investment.
Credit Score
Credit Score
Most lenders require a minimum credit score (typically 640+).
Documentation You'll Need
  • Proof of income (pay stubs, tax returns)
  • Bank statements and asset information
  • Credit report / score
  • Social Security Number
  • Proof of U.S. citizenship or permanent residency
Ready to make homeownership possible in a rural or suburban community?
Get a Free USDA Loan Consultation
Frequently Asked Questions
Do USDA loans require a down payment?
No! Qualified buyers can finance 100% of the home’s purchase price with no down payment.
Can I buy anywhere with a USDA loan?
No, only homes in USDA-eligible rural and suburban areas qualify. Check your property’s eligibility here.
Are there income limits?
Yes. Your household income must fall below the maximum set for your area.
How do I apply for a USDA loan?
Contact a USDA-approved lender. You’ll need income, asset, and credit documentation.
What kind of homes are eligible?
Single-family homes that are modest in size, cost, and design, and will be your primary residence.
Can I refinance my USDA loan?
Yes! There are USDA Streamlined and Standard refinance options for current USDA borrowers.

E Mortgage Capital. Inc.

NMLS#: 1396861

915 Highland Pointe Dr, Roseville, CA 95678, USA

3401 Mallory Ln, Franklin, TN 37067, USA

18071 Fitch, Irvine, CA 92614, USA

Notice To Texas Loan Applicants: Consumers wishing to file a complaint against a mortgage banker, or a licensed mortgage banker residential mortgage loan originator, should complete and send a complaint form to the Texas Department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin, TX 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov.

A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at