Buy a house in a designated USDA eligible area with no money down
With Millennial Home Loans quick online loan application, determining if you qualify for a USDA Loan and for how much, has never been easier.
Get Started!OR
Not ready to apply online? No problem. Answer a few questions, and a USDA Home Loan Mortgage Expert will call you back.
Request a Call Back| TYPE/TERM | RATE | APR | POINTS | MONTHLY PAYMENT PER/$1,000 BORROWED |
|---|---|---|---|---|
| 30-Year Fixed – Lowest Rate | 2.25% | 2.542% | 1.35 | 3.82 |
| 30-Year Fixed – Low Rate/Low Closing Costs | 2.5% | 2.792% | 0.5 | 3.95 |
| 30-Year Fixed – Lowest Closing Costs | 2.75% | 3.042% | -0.37 | 4.08 |
USDA has maximum household income restrictions, which is determined by the household size and the County in which the property is located. The USDA Loan does allow for the total household income to be higher than these income limits when certain adjustments or reductions to income are used to reduced gross household income, including:
