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%