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100% financing with no down payment for eligible rural and suburban areas in Texas and Arkansas. Low mortgage insurance and competitive rates.
A USDA loan is a mortgage backed by the United States Department of Agriculture, designed to promote homeownership in rural and suburban communities. The biggest advantage is 100% financing — no down payment required. Combined with lower mortgage insurance costs than FHA, USDA loans are an excellent option for income-qualifying buyers in eligible areas throughout Texas and Arkansas.
USDA loans require no down payment at all — 100% financing for eligible rural and suburban properties.
USDA mortgage insurance costs are significantly lower than FHA. The upfront guarantee fee is 1% (vs 1.75% for FHA) and the annual fee is just 0.35%.
USDA loans offer 30-year fixed interest rates that are often lower than conventional loans because they are government-backed.
While 640 is the standard minimum for automated approval, manual underwriting may be available for lower scores with compensating factors.
Seller concessions up to 6% are allowed, and in some cases closing costs can be rolled into the loan if the appraised value exceeds the purchase price.
Rosalyn will verify your income qualifies and confirm the property location is in a USDA-eligible area using the official USDA map.
We review your full financial picture and issue a pre-qualification letter so you can shop with confidence.
Shop for homes in USDA-eligible areas. Many suburban communities outside Houston, Dallas, Little Rock, and other cities qualify.
After underwriting and a USDA-specific appraisal, close on your home with no down payment required.
Not sure if your area qualifies? Fill out the form and Rosalyn will check your address and income eligibility for free. Available in English and Spanish.