Owning a home outside of the city is not too far from anyone’s reach. The United States Department of Agriculture (USDA) Loan is there to assist lenders like us in providing mid to low income households the chance to own decent, sanitary, and safe homes in eligible rural areas. These loans can be used to build new, improve existing homes, or relocate to a home in eligible rural areas. The USDA loan program provides a 90% loan note guarantee to approved lenders. These loans require 0% down and allow for closing cost gift funds. The residence must be a primary dwelling and a minimum FICO of 620 is required. Fixed rate financing is also available for this loan at USDA rates.