USDA/RD (Rural Development)
USDA/RD loans make owning a home more affordable for those looking to buy or refinance in eligible rural and suburban areas.
The USDA Rural Development (RD) program is designed for homebuyers with low-to-moderate income and savings, financing a home in a designated rural area. USDA/RD requires no down payment, allowing the borrower additional funds to pay for closing costs or prepaids in the mortgage. In some cases the seller can pay a portion of the sales price to cover closing costs. The USDA/RD loan can also be used to refinance an existing mortgage to a lower interest rate.*
Apply and Get Pre-QualifiedFill out our easy online application and work with your local real estate agent to explore your options and find the perfect home!
Work with Our ExpertsProvide the necessary information and documentation needed for our mortgage experts to underwrite and process your loan.
Move InOnce you've closed on your home, the mortgage process is complete! Get ready to move in and start enjoying your new space!
Total Amount Funded in 2020
Loans Closed Since 2001
States Where We Can Lend
Use these calculators to quickly estimate what your monthly mortgage payment could be, how much of a mortgage you may be able to afford, and for guidance on whether refinancing your current mortgage would make sense financially in today’s market.