USDA Loans
USDA / Rural Development Loans

Live Comfortably Outside of City Limits.

USDA loans are made for small towns, suburbs and exurbs.
Invest in Your Future
Get More Info Apply Online

USDA / Rural Development Loans

Flexible Requirements & Down Payment Options

Home loans guaranteed by the United States Department of Agriculture (USDA) provide affordable financing options for properties located in designated small towns, suburbs and exurbs. This program helps eligible low- to moderate-income families achieve homeownership by offering a no down payment option.
100% financing + required guarantee fee = 102% of the appraised value
Low FICO score requirements
Low interest rates
Low closing costs
Gift funds can be used for closing costs
30-year, fixed-rate mortgage

USDA Loan Eligibility

Eligibility is based on the property size, location and condition along with income and other qualifying factors. Some of these requirements include:

  • Property must be located in a USDA designated rural area
  • Household must be able to afford the mortgage payment

    (including property taxes, homeowners insurance and the annual guarantee fee payable on a monthly basis)

  • Household members can have a total income of up to 115% of the medial income for the area
  • Maximum loan limits vary based on location

Invest in the Future You Deserve.

Not only do you deserve a perfect home, but one that will
lead to a better future. We can help you get there.
I am a(Required)

By entering your contact information, you are providing express written consent for Fairway Independent Mortgage Corporation to contact you at the email and number you provided via telephone, mobile device, automated means like autodialing, text SMS/MMS and pre-recorded messages, even if you are registered on a corporate, state, or federal Do Not Call list. You are also acknowledging and agreeing to our terms of service and privacy policy. Consent is not required to use our services.

This field is for validation purposes and should be left unchanged.

* This article does not constitute tax or financial advice. Please consult a tax and/or financial advisor regarding your specific situation.
**Subject to underwriting review and approval.

Copyright©2026 Fairway Independent Mortgage Corporation (“Fairway”) NMLS#2289. 4750 S. Biltmore Lane, Madison, WI 53718, 1-866-912-4800. All rights reserved. Fairway is not affiliated with any government agencies. These materials are not from HUD or FHA and were not approved by HUD or a government agency. Reverse mortgage borrowers are required to obtain an eligibility certificate by receiving counseling sessions with a HUD-approved agency. The youngest borrower must be at least 62 years old. Monthly reverse mortgage advances may affect eligibility for some other programs. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Equal Housing Opportunity. Fairway Independent Mortgage Corporation NMLS ID #2289 www.nmlsconsumeraccess.org.