The USDA Loan is a mortgage option available to some rural and suburban homebuyers. Especially to those living in rural or low-income areas. USDA Home Loans are issued by qualified lenders and guaranteed by the United States Department of Agriculture (USDA) and offer $0 money down.

USDA mortgages stand alone as the only mainstream zero money down program available to borrowers that have not served in the military. Eligible borrowers will be hard pressed to find a home loan program that offers more favorable terms.

USDA mortgage rates are often lower than comparable conventional 30-year fixed mortgage rates, resulting in a better deal as compared to FHA or conventional loans.