Buyers Needing USDA Home Loans Get a Do-Over
Homebuyers in suburban areas who would have missed their shot at a zero-down home loan will get a do-over. USDA home loan eligibility map changes will not take…
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USDA Home Loans
USDA Credit Score & Collection Account Q&A
Amy asks: Can I get approved for a USDA home loan with having settled and paid off collections on my report? I was unemployed and made arrangements to…
Home Buyers Who Couldn’t Qualify – Until They Discovered the USDA Loan
When people hear the acronym USDA (U.S. Department of Agriculture), they probably think about crops and cows and such. But this entity actually offers quite a unique mortgage…
How Commuting Costs and Time Factor into Home Buying
Lenders, realtors and finance professionals have said for years that your housing costs should never go over 30 percent of your income. But this conventional wisdom often doesn’t…
Advantages of the USDA Home Loan Program
If you’re in the market for buying a home, you’ve probably been researching your loan options. While there is a lot of information available for conventional loans, as…
USDA Home Loan Map Changes to Affect 8% of Potential Buyers
The USDA home loan is a zero-down payment mortgage that makes it easier to buy a home in rural and suburban neighborhoods across the country. Over 97% of…
USDA 0-Down Loans Ramp Up Before Eligibility Maps Change
Update: USDA has postponed map changes until October 2017 at the earliest. Going forward, USDA will review maps every three to five years to decide whether to make changes.…
What is a USDA Loan?
Since 1991, the U.S. Department of Agriculture (USDA) has been offering rural development loans to encourage people to buy homes out in the country or in suburban areas…
USDA Loan Map Changes Delayed until at least October 1, 2017
Update: The USDA home loan eligibility map changes scheduled for October 1, 2015 have been postponed until October 1, 2017 at the earliest. On December 16, 2014, the…
USDA Upfront Funding Fee Increasing from 2.0% to 2.75% on October 1, 2015
USDA home loans require zero down payment and offer ultra-low rates. This loan program has helped more than 1 million home buyers since its inception in 1949. Still…