--- title: Loan Requirements --- [![USDA Home](https://usdahomes.com/hubfs/raw_assets/public/UsdaHomes/images/logos.png)](https://usdahomes.com/?hsLang=en) - Loan Requirements - Calculators - [Refinance Calculator](https://usdahomes.com/refinance-calculator?hsLang=en) - [Mortgage Calculator](https://usdahomes.com/mortgage-calculator?hsLang=en) - [Cash Out Calculator](https://usdahomes.com/cash-out-calculator?hsLang=en) - USDA Resources - ![phone logo ](https://usdahomes.com/hubfs/raw_assets/public/UsdaHomes/images/Phone_light.svg) 1-877-451-9788 [Get Started](https://usdahomes.com/multi-step?hsLang=en) [Get Started](https://usdahomes.com/multi-step?hsLang=en) - Loan Requirements - Calculators - [Mortgage Calculator](https://usdahomes.com/mortgage-calculator?hsLang=en) - [Refinance Calculator](https://usdahomes.com/refinance-calculator?hsLang=en) - [Cash Out Calculator](https://usdahomes.com/cash-out-calculator?hsLang=en) - [USDA Resources](https://usdahomes.com/usda-resources?hsLang=en) - [![phone logo ](https://usdahomes.com/hubfs/raw_assets/public/UsdaHomes/images/Phone_light.svg)1-877-451-9788](tel:1-877-451-9788) [![USDA Home ](https://usdahomes.com/hubfs/raw_assets/public/UsdaHomes/images/logos.png)](https://usdahomes.com/?hsLang=en) [Loan Requirements](https://usdahomes.com/loan-requirements?hsLang=en) Calculators ![arrow down](https://usdahomes.com/hubfs/raw_assets/public/UsdaHomes/images/keyboard_arrow_down.svg) - [Mortgage Calculator](https://usdahomes.com/mortgage-calculator?hsLang=en) - [Refinance Calculator](https://usdahomes.com/refinance-calculator?hsLang=en) - [Cash Out Calculator](https://usdahomes.com/cash-out-calculator?hsLang=en) [ USDA Resources](https://usdahomes.com/usda-resources?hsLang=en) [![phone logo ](https://usdahomes.com/hubfs/raw_assets/public/UsdaHomes/images/Phone_light.svg) 1-877-451-9788](https://usdahomes.com/1-877-451-9788?hsLang=en) ** [Get Started](https://usdahomes.com/multi-step?hsLang=en) ![Frame 29 (7)](https://usdahomes.com/hubfs/Frame%2029%20(7).png "Frame 29 (7)") **USDA Eligibility Essentials** Loan Requirements Discover the benefits of USDA loans and see if you qualify for homeownership with no down payment. ![Frame 29 (7)](https://usdahomes.com/hs-fs/hubfs/Frame%2029%20(7).png?width=496&height=504&name=Frame%2029%20(7).png) ## USDA Loan Program Highlights Available for purchase, refinance, and construction. ![Frame 14 (1)-1](https://usdahomes.com/hubfs/Frame%2014%20(1)-1.svg) **No Down Payment ** 0% down payment option available ![Frame 15 (10)-1](https://usdahomes.com/hubfs/Frame%2015%20(10)-1.svg) **Credit Score as low as 600** Accessible financing for qualifying borrowers ![Frame 15 (11)](https://usdahomes.com/hubfs/Frame%2015%20(11).svg) **30-year Fixed Rate Loans** Stable, predictable monthly payments # 0% Down Payment Example ## 30-year Fixed Rate USDA Loan Illustration ## Total Sales Price $300,000 ## Down Payment $0 ## Loan Amount $300,000 ## Interest Rate 6.5% ## Annual percentage Rate (APR) 6.662% ## Monthly P&I Payment $1,896.20 Important Disclosure: Taxes, insurance, and mortgage insurance will be part of the total mortgage payment, but are not included in this example. This example is for illustrative purposes only and may differ from the current interest rate offered. Call for the current rate and full disclosure of current terms. ## Ready to Get Started? Take the first step toward homeownership with an FHA loan. Our experienced loan officers are here to guide you through the process and answer all your questions. [Get Started ](https://usdahomes.com/multi-step?hsLang=en) [Talk to a Loan Officer ](tel:+18874519788) ![USDA Home Loans](https://usdahomes.com/hubfs/raw_assets/public/UsdaHomes/images/logoWhite.svg "USDA Home Loans Logo") ##### Your trusted partner for USDA loan financing. Helping families achieve homeownership in rural and suburban communities Powered by ![Union Home Mortgage Corp.](https://usdahomes.com/hubfs/raw_assets/public/UsdaHomes/images/UHM-Block-Logo.svg "Union Home Mortgage Corp.") Union Home Mortgage Corp. NMLS #2229, [NMLS Consumer Access website](https://www.nmlsconsumeraccess.org/) [Privacy Policy](https://www.uhm.com/privacy-policy/) [California Privacy Policy](https://www.uhm.com/california-privacy-policy/) [California Consumer Privacy Act Request](https://www.uhm.com/california-consumer-privacy-act-request/) [Licensing Information](https://www.uhm.com/licensing-information/) - ### Quick Links - ### Resources - ### Contact Us ![equal housing logo](https://usdahomes.com/hubfs/raw_assets/public/UsdaHomes/images/equal-housing.png "equal housing logo") We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin. Union Home Mortgage is not acting on behalf of or at the direction of HUD/USDA or the Federal Government. These materials are not from HUD or USDA and were not approved by HUD or a government agency. 0% down payment example for a 30-year fixed-rate USDA loan: Total sales price $300,000, down payment $0, loan amount $300,000, interest rate 6.5%, Annual Percentage Rate (APR) 6.662%, final principal and interest payment $1,896.20. Taxes, insurance, and mortgage insurance will be part of the total mortgage payment but are not included in this example. This example is for illustrative purposes only and may differ from the current interest rate offered. Call for the current rate and full disclosure of current terms. Loans made or arranged pursuant to a California Finance Lenders Law license. This site is not authorized by the New York State Department of Financial Services. No mortgage loan applications for properties located in the state of New York will be accepted through this site. Copyright © Union Home Mortgage Corp. 2026 // 8241 Dow Circle West, Strongsville, Ohio 44136 [** Back to Top ](https://usdahomes.com/loan-requirements#top) Quick Links![arrow down](https://usdahomes.com/hubfs/raw_assets/public/UsdaHomes/images/keyboard_arrow_down.svg) - [USDA Loan Requirements](https://usdahomes.com/loan-requirements) Resources ![arrow down](https://usdahomes.com/hubfs/raw_assets/public/UsdaHomes/images/keyboard_arrow_down.svg) - [Mortgage Calculator](https://usdahomes.com/mortgage-calculator) - [Refinance Calculator](https://usdahomes.com/refinance-calculator) - [Cash Out Calculator](https://usdahomes.com/cash-out-calculator) - [USDA Resources](https://usdahomes.com/usda-Resources) Contact Us![arrow down](https://usdahomes.com/hubfs/raw_assets/public/UsdaHomes/images/keyboard_arrow_down.svg) - [1-877-451-9788](tel:1-877-451-9788) - **Monday to Friday**          8 am - 7 pm EST **Saturday and Sunday** 10 am - 2 pm EST ![USDA Home Loans](https://usdahomes.com/hubfs/raw_assets/public/UsdaHomes/images/logoWhite.svg "USDA Home Loans Logo") Your trusted partner for USDA loan financing. Helping families achieve homeownership in rural and suburban communities Powered by ![Union Home Mortgage Corp.](https://usdahomes.com/hubfs/raw_assets/public/UsdaHomes/images/UHM-Block-Logo.svg "Union Home Mortgage Corp.") Union Home Mortgage Corp. NMLS #2229, [NMLS Consumer Access website](https://www.nmlsconsumeraccess.org/) [Privacy Policy](https://www.uhm.com/privacy-policy/) [California Privacy Policy](https://www.uhm.com/california-privacy-policy/) [California Consumer Privacy Act Request](https://www.uhm.com/california-consumer-privacy-act-request/) [Licensing Information](https://www.uhm.com/licensing-information/) ![equal housing logo](https://usdahomes.com/hubfs/raw_assets/public/UsdaHomes/images/equal-housing.png "equal housing logo") We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin. Union Home Mortgage is not acting on behalf of or at the direction of HUD/USDA or the Federal Government. These materials are not from HUD or USDA and were not approved by HUD or a government agency. 0% down payment example for a 30-year fixed-rate USDA loan: Total sales price $300,000, down payment $0, loan amount $300,000, interest rate 6.5%, Annual Percentage Rate (APR) 6.662%, final principal and interest payment $1,896.20. Taxes, insurance, and mortgage insurance will be part of the total mortgage payment but are not included in this example. This example is for illustrative purposes only and may differ from the current interest rate offered. Call for the current rate and full disclosure of current terms. Loans made or arranged pursuant to a California Finance Lenders Law license. This site is not authorized by the New York State Department of Financial Services. No mortgage loan applications for properties located in the state of New York will be accepted through this site. Copyright © Union Home Mortgage Corp. 2026 // 8241 Dow Circle West, Strongsville, Ohio 44136 [** Back to Top ](https://usdahomes.com/loan-requirements#top)