USDA Loans

USDA loans are zero-down-payment mortgages for rural and suburban homebuyers. They’re mainly for borrowers who aren't wealthy and can’t get a traditional mortgage.

In 2017, as a part of its Rural Development program, the USDA helped some 127,000 families buy and upgrade their homes. The program is designed to “improve the economy and quality of life in rural America.” It offers low interest rates and no down payments, and you may be surprised to find just how accessible it is.