USDA Mortgage Loans & Rates

The U.S. Department of Agriculture offers a mortgage guarantee program for those who choose to buy in designated rural areas. The required Down Payment can be as low as $0.00. You also have to meet income requirements and, in some cases, be a first-time homebuyer. Additionally, there are limited funds for this program, which are dispersed on a first-come, first-serve basis.

Like most government-backed loan programs, you get the loan from us here at Direct Mortgage, Corp. then the USDA guarantees the loan. There is an upfront guarantee fee that is added to the loan cost and can be rolled into the balance.