USDA Single Family Housing Loan

Additional USDA Single Family Housing Loan Details >

The US Department of Agriculture, through its Rural Development program, offers a Guaranteed Rural Housing loan. This is a 30-year fixed rate mortgage with no prepayment penalty and no balloon.

  • Down Payment – $0 down purchase mortgage (funds may be required for a streamline refinance)
  • Loan Specific Fees – 1% up-front guarantee fee (financed) & 0.35 annual fee (included in payment).
  • Income Limit – maximum allowable household income set by USDA found at:
  • Location Restrictions – only property located in acceptable rural location confirmed at
  • Minimum Credit Score – 620
  • Up-Front Fees – $500 Appraisal Fee

Fairway is not affiliated with any government agencies. These materials are not from USDA, HUD or FHA, and were not approved by HUD or a government agency.

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