USDA Mortgage Loan
Affordable Financing for Rural and Small-Town Homes
USDA loans are government-backed mortgages designed to make homeownership more accessible in rural and suburban areas. With no down payment required and flexible credit guidelines, they’re a great option for buyers who want to stretch their budget without sacrificing peace of mind.
What You Need to Know..
Backed by the U.S. Department of Agriculture.
Available for eligible rural and suburban properties.
Income limits apply based on area and household size.
No down payment required for qualified borrowers.
The Highlights..
$0 down payment option.
Competitive interest rates.
Flexible credit and income requirements.
Focused on making rural and suburban living more attainable.
FAQ – Quick Answers..
Do I have to buy farmland?
Nope! USDA loans are for standard single-family homes in eligible rural or suburban areas—not farms.Is there a location requirement?
Yes — your property must be in a USDA-eligible area (many small towns and suburbs in Minnesota qualify).Can I use a USDA loan for a second home or investment property?
No — USDA loans are for primary residences only.