USDA Rural Development 100% financing opportunities to rural individuals and families.

Real Estate Broker/Owner with Mt Helix Lifestyles BRE# 01324429

USDA 100% Financing


Frequently Asked Questions
Eligibility Criteria
Choose Rural Development
Tools and Web Sites
Find Authorized Lender
Brochures and Guides
Find an Agency Office
How to start

Are you ready to own a home but are not sure you will qualify due to lack of a down payment?   

Rural Development may be able to help you!  USDA Rural Development has partnered with local lenders to help them extend 100% financing opportunities to rural individuals and families.

  •  No down payment required 

  • No expensive monthly mortgage insurance means you may qualify for a larger loan.

  • Flexible credit and qualifying guidelines.

The Rural Development guaranteed loan program has assisted thousands of customers just like you.  Tell your mortgage lender you want the USDA Rural Development Guaranteed Housing Loan.


The Advantages:

  •  No Down payment is required.
  •  Flexible credit score guidelines.
  • No maximum purchase price limit.

  •  Closing costs can come from any source including gifts.

  •  Repairs and improvements can be included in the loan.

  •   Competitive fixed 30-year rates.

  • Apply with a local participating lender of your choice.

Frequently asked questions


Eligibility criteria

  • Occupy the property as your primary residence.

  • Do not own an adequate home.

  • Do not have sufficient cash for a 20% down payment plus pay typical loan closing and relocation expenses.

  • Be a U.S. citizen, a U.S. non-citizen national or a "qualified alien". 

  • Provide stable and dependable income for repayment ability.

  • Have a credit history that indicates a willingness to meet obligations as they become due.

  • Have an adjusted household income that is within Rural Development guidelines based on the number of persons who will occupy the home.  

  • Purchase a residential property that is located in a Rural Development eligible area

Choose Rural Development as the first option

  • No mortgage insurance saves you a lot of money.  Mortgage insurance raises your monthly payment, which REDUCES the amount of a home loan you may qualify to purchase.  Guaranteed loans may allow you to qualify for a newer or larger home to meet your needs 

    • Did you know that the typical mortgage insurance premiums for the first 10 years on a $100,000.00 loan could cost you $6,000 or more?  The mortgage insurance can continue beyond the 10 years.  The cost of Rural Development's guarantee is only $2,000.00 on a $100,000.00 loan. 

    • No mortgage insurance allows you to qualify for a larger mortgage amount. 

  • There is little or no cash required for a down payment or closing costs in most cases.

Tools and Web Site links:

Locate an Approved (underwriting) Participating Lender.

  • Consult with your local Rural Development Office for Lenders in your area

  • Rural Development Nationally Approved Lender List

  • Any lender may participate in the program regardless of Rural Development approval status.  Contact Rural Development for assistance.

Brochure and guides:

Locate a Rural Development office

  • Even though you will not be applying directly to Rural Development for the loan, you may want additional information.  Or perhaps you will want to pass along the Rural Development contact information to your realtor or builder, or loan officer.

    • The Rural Development Office Locator website is:  Or you can go to the home page of Rural Development for your state to find a listing of their offices.

    • You can always look us up in the telephone directory blue pages under "United States Department of Agriculture", and then look for "Rural Development" or "Rural Housing Service.

 How do you get started?

  • Educate yourself on the Guaranteed Loan Program by reviewing all of the information on this site and the "eligibility" web site.

  • Set up an appointment with the mortgage lender of your choice for your pre-approval determination. The Agency maintains a list of nationally approved underwriting lenders.  Any branch of these lenders can accept your application. 

  • If you have any questions, contact your local Rural Development office.

Posted by

Jason Kardos, Real Estate Broker/Owner

Cell (619) 303-2826

Lic# 01324429

For Property Management

San Diego County Property Management

James Burrell (619) 742-8543

Lic# 01113057

Comments (1)

Wayne L. Brown
Franklin Advantage Inc. - Alpine, CA


Nice informative piece.  More clients should be looking into this for certain areas of San Diego.


Aug 13, 2009 11:20 AM