USDA Loans

Government Loans for Rural America

(You don't have to live on a farm, though.)

Qualifications:

• Meet income requirements (usually the limit is less than 115% of the area median income--which can vary by area)
• Home must be in an approved area (typically less than 35,000 people). Here is a link to check if the house qualifies. https://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do
• The home must be your primary residence.
• Debt-to-income (DTI) of 41% or lower (but there are exceptions) See the  "Tools"  page to find your DTI.
• No minimum credit score