USDA rural loan

Who it's for

Moderate-income buyers purchasing outside larger cities. Much of Montana, southern Colorado, and western North Carolina is eligible.

How it works

1. USDA guarantees the loan; the property must be in an eligible area and the household must be under the area income limit.
2. There is a guarantee fee at closing and a small annual fee paid monthly instead of traditional mortgage insurance.

What you'll need

• Household income documentation for everyone living in the home
• Standard credit and asset documents
• A property address so we can check eligibility

Common questions

By design this page shows no rates, APRs, payments, or down-payment percentages. Those figures are only published with the full disclosure block required by Regulation Z.