USDA Loan Rates for Mar 31, 2026
USDA loans offer $0 down for eligible rural and suburban properties. Compare USDA loan rates in the table below. Want a personalized quote? See if you qualify with a lender.
See if you qualify for $0 down
USDA Eligibility Map
Enter the property ZIP you're looking to buy in, or click a state, to see if the area qualifies for USDA loans. View full map · Income limits by ZIP
USDA Loan Highlights
Eligible rural and suburban buyers get $0 down payment and lower fees than FHA. Over 97% of U.S. land area qualifies—check your address.
$0 down
100% financing for eligible rural and suburban properties. No down payment required—keep your savings for moving or reserves.
Lower guarantee fee
1% upfront + 0.35% annual—significantly less than FHA MIP. Both fees can be financed into the loan.
Rural & suburban
Over 97% of U.S. land area qualifies. Many suburbs near major cities are eligible—check the USDA eligibility map.
Competitive rates
Government backing reduces lender risk. USDA rates often compete with or beat conventional for eligible borrowers.
No loan limits
USDA doesn't set loan limits—your borrowing power is based on income, credit, and what you can afford.
Credit 640+ typical
More flexible than conventional. Many lenders accept 640+; some may go lower with compensating factors.
Why USDA Works for Budget-Conscious Buyers
USDA loans support homeownership in eligible rural and suburban areas. If you're looking in a small town, suburb, or rural community—and meet income limits—USDA can be a cost-effective path.
$0 down in eligible areas
Suburbs, small towns, rural—USDA can get you in with no down payment.
Lower fees than FHA
1% upfront + 0.35% annual—often cheaper than FHA MIP.
Income limits by county
115% of area median income; family of four often $100K–$115K. Income limits by ZIP
USDA At a Glance
Guarantee fee at a glance
1% upfront (financed into the loan) plus 0.35% annual fee. Significantly less than FHA MIP. Both fees are built into your payment.
No private mortgage insurance. The guarantee fee is the only ongoing cost beyond principal and interest.
Property & income eligibility
Property must be in a USDA-eligible area—check the USDA eligibility map. Primary residence only.
Household income typically capped at 115% of area median. Check limits by ZIP.
Eligibility & next steps
U.S. citizen or qualified alien; primary residence; meet income limits; credit typically 640+. Property must meet USDA standards.
A USDA-approved lender can check your address and income eligibility. USDA loans explained →
See if you qualify →USDA vs Conventional
Is a $0 down USDA loan right for you?
Talk with a licensed lender about your income, property location, and budget. USDA fits buyers in eligible rural and suburban areas with moderate income. They can help you confirm eligibility, compare USDA rates, and get pre-approved for $0 down if you qualify.
Connect with a lenderNMLS-licensed lenders Fast approval No credit impact
Powered by Mortgage Research Center, NMLS #1907 — Trusted since 2002
