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USDA Loans

Rural Housing Loan Program Lenders

Approved USDA direct lender Hometown Equity Mortgage would be pleased to assist you in determining if you qualify for a USDA home loan. Call us today for personalized service at 833-381-8733.

Hometown Equity Mortgage is now licensed to offer USDA home loans in 46 US states! Click here for the list

What is a Guaranteed USDA Rural Housing Home Loan?

The USDA Guaranteed Housing Loan Program is a government insured mortgage loan designed for low to moderate income families and individuals living in small communities and rural areas throughout America.

This home loan is often called a USDA mortgage, USDA Rural Home Loan, government rural loan, Section 502 loans, 100% financing loan or no money down home loan.


  • No down payment (100% financed)
  • Competitive mortgage rates
  • Low monthly mortgage insurance (guarantee fee)
  • Allows the seller to pay all of the buyer’s closing costs
  • Up to 33 year fixed interest rates

We recommend you visit  USDA Rural Development for all the current information.

*What Are Some of the Requirements to Qualify for a USDA Home Loan?

  • Repayment ability is based upon the principal, interest, taxes & insurance divided by your gross monthly income, which must be equal to or less than 29%
  • Total debt divided by gross monthly income must be equal to, or less than 41%
  • Buyers must personally occupy the home following their purchase
  • There are income eligibility requirements
  • Minor credit problems may be waived

For more information on eligibility visit the USDA Income & Property page.

What Kind of Home Qualifies for a USDA Mortgage?

  • Guaranteed USDA loans can be made on either new or exiting homes
  • No limits on the price of the home you wish to buy
  • There’s no restrictions on the size or home design
  • The home must be in an eligible rural area
  • Funds can be used to build, repair, renovate or relocate a home
  • Funds can also be used to prepare sites, including providing water & sewage facilities
  • Existing homes must be in good repair, functionally adequate & structurally sound

How Do I Get Started?

Hometown Equity Mortgage makes it easy. Call us and we’ll be happy to discuss your needs at: 833-381-8733


Disclaimer: Certain restrictions and credit approval apply; not all applicants will qualify. All approvals are subject to underwriting guidelines which include but are not limited to: acceptable credit & income history, current homeowners insurance, property value, debt to income ratio, etc. Minimum & maximum loan amounts apply. Please contact Hometown Equity Mortgage for further details.