USDA Rural Home Loans

USDA Rural Home Loans

USDA Loan Qualifications and Eligibility

Foreclosure Homes

A USDA Home Loan from the USDA loan program, also known as the USDA Rural Development Guaranteed Housing Loan Program, is a mortgage loan offered to rural property owners by the United States Department of Agriculture. USDA Loans offer 100% financing to qualified buyers, and allow for all closing costs to be either paid for by the seller or financed into the loan.

Income Eligibility Calculator: Please visit the USDA website

Map Legend:
Please click on the map to enlarge. Homes located outside of the shaded yellow area might be eligible for the USDA Loan Program. Not all homes listed below will qualify for the loan program. Eligibility depends on household income and the amount of people living in the home. Please refer to the Eligibility Calculator to see if a home qualifies or call us at (478) 287-2004.

If you have any question about the USDA loan program, please give us a call at (478) 287-2004. We will be happy to connect you with an approved lender who can assist you with a loan.

  1. 1
    What is the USDA Loan Program?

    This program assists approved lenders in providing low- and moderate-income households the opportunity to own adequate, modest, decent, safe and sanitary dwellings as their primary residence in eligible rural areas. Eligible applicants may build, rehabilitate, improve or relocate a dwelling in an eligible rural area. The program provides a 90% loan note guarantee to approved lenders in order to reduce the risk of extending 100% loans to eligible rural homebuyers.

    Source: United States Department of Agriculture Rural Development

  2. 2
    How may funds be used?

    Funds backed by loan guarantees be used for:

    • New or existing residential property to be used as a permanent residence.  Closing cost and reasonable/customary expenses associated with the purchase may be included in the transaction
    • A site with a new or existing dwelling
    • Repairs and rehabilitation when associated with the purchase of an existing dwelling
    • Refinancing of eligible loans
    • Special design features or permanently installed equipment to accommodate a household member who has a physical disability
    • Reasonable and customary connection fees, assessments or the pro rata installment cost for utilities such as water, sewer, electricity and gas for which the buyer is liable
    • A pro rata share of real estate taxes that is due and payable on the property at the time of loan closing.  Funds can be allowed for the establishment of escrow accounts for real estate taxes and/or hazard and flood insurance premiums
    • Essential household equipment such as wall-to-wall carpeting, ovens, ranges, refrigerators, washers, dryers, heating and cooling equipment as long as the equipment is conveyed with the dwelling
    • Purchasing and installing measures to promote energy efficiency (e.g. insulation, double-paned glass and solar panels)
    • Installing fixed broadband service to the household as long as the equipment is conveyed with the dwelling
    • Site preparation costs, including grading, foundation plantings, seeding or sod installation, trees, walks, fences and driveways

    Source: United States Department of Agriculture Rural Development

  3. 3
    Why does USDA Rural Development do this?

    This program helps lenders work with low and moderate income families living in rural areas to make homeownership a reality. Providing affordable homeownership opportunities promotes prosperity, which in turn creates thriving communities and improves the quality of life in rural areas.

    Source: United States Department of Agriculture Rural Development

  4. 4
    Who may apply for this program?

    Applicants must:

    • Meet income-eligibility
    • Agree to personally occupy the dwelling as their primary residence
    • Be a U.S. Citizen, U.S. non-citizen national or Qualified Alien
    • Have the legal capacity to incur the loan obligation
    • Have not been suspended or debarred from participation in federal programs
    • Demonstrate the willingness to meet credit obligations in a timely manner
    • Purchase a property that meets all program criteria

    Source: United States Department of Agriculture Rural Development

  5. 5
    USDA home loan vs traditional mortgage

    A USDA home loan is different from a traditional mortgage offered in the United States in several ways.

    • USDA loans require no down payment, you may finance up to 100% of the property value.
    • You must meet the income restrictions for the County you are interested in. Each county has a maximum Income Requirement. The USDA Home Loan Program does allow for considerations for expenses like Child Care.
    • To be eligible, you must be purchasing a property in a rural area as defined by the USDA.
    • The home or property that you are looking to purchase must be owner-occupied, investment properties are not eligible for USDA loans.

    Source: Wikipedia

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The data related to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of Central Georgia MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
CGMLS data last updated at March 19, 2024 4:13 AM ET