A USDA loan, also known as the USDA Rural Development Guaranteed Housing Loan Program, is a no down payment mortgage loan offered to rural property owners by the United States Department of Agriculture.
- No down payment required (Qualifying factors may apply.)
- The seller can pay up to 6% of the closing closing costs
- 100% of the closing costs can be paid by gift funds from a relative or significant other
- Easy credit qualifying with a minimum credit score of 620
Getting a home loan doesn't have to be daunting. At Catalyst Lending, we make the process streamlined, smart and even fun.
Looking for a mortgage calculator? Try this one.
Or do you want to talk to us to discuss your loan options? Contact us.
