7555 Airport Hwy. Ste. A Holland, OH 43528

USDA, it isn’t just for that prime steak you’re looking to throw on your BBQ. It stands for United States Department of Agriculture. How does that have anything to do with a mortgage? A USDA Mortgage provides low-cost, low rate, insured home mortgages for people who want to become home owners in rural areas.

A USDA home loan might be right for you if you want to live in a rural area and purchase a home with no down payment. Now rural doesn’t mean you have to live in the country where your neighbor is a mile down the road. It could be in a city just with a low population. The other great thing about a no money down USDA mortgage is that it’s very similar to the credit requirements of an FHA Mortgage.

Besides credit there are two main qualifiers for a USDA home loan. first is the location of the home and second, house hold income based on the how many family members will be living there.

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