USDA Rural


  • Property must be located in a rural designated area in Florida or Georgia
  • Property must be non-income producing 1 unit, no manufactured homes allowed
  • Borrowers household income can not be more than the maximum  as defined by USDA
  • All loans are 30 year fixed rate
  • Minimum 620 credit scores
  • Cash reserves are not required
  • No down payment required
  • No maximum loan amount.
  • Minimum loan amount is $70,000
  • Seller contributions limited to maximum 6%

Common USDA Rural Questions:

What is the maximum loan amount for USDA loans?
There is no maximum amount for USDA Loans.

Can I use the USDA loan program on all homes?
No, only those homes that are in eligible areas, usually smaller counties.

What is the down payment requirement for USDA loans?
Borrowers can choose not to use a down payment.

Are there any other restrictions for USDA loans?
Yes, there is a household income maximum, each county has its own income limits.

Do USDA loans require mortgage insurance?
Yes, there is an upfront and monthly fee.