Affordable Home Financing With Zero Down Payment

USDA loans make it possible for eligible homebuyers to purchase a home in qualifying rural or suburban areas with no down payment required. Backed by the U.S. Department of Agriculture, these loans offer low fixed interest rates and flexible credit guidelines that help make homeownership more accessible.

At Mortgage Rates Today, we make it simple to explore USDA loan programs and compare offers from participating USDA-approved lenders in one place.

Explore Your Options

Why Homebuyers Choose USDA Loans

  • No down payment required for eligible borrowers
  • Competitive fixed interest rates backed by the USDA
  • Flexible qualification standards for moderate-income households
  • Available in many rural and suburban areas across the country

How It Works

Tell us about your home search

Share a few details about your income, location, and home goals.

Explore USDA loan options

Review information and potential rates from multiple USDA-approved lenders.

Compare and choose confidently

Evaluate your options and decide which lender to contact — with no credit impact and no obligation.

Tell us about your home search

Share a few details about your income, location, and home goals.

Explore USDA loan options

Review information and potential rates from multiple USDA-approved lenders.

Compare and choose confidently

Evaluate your options and decide which lender to contact — with no credit impact and no obligation.
Explore Your Options

Frequently Asked Questions

1. What is a USDA loan?
A USDA loan is a home loan program backed by the U.S. Department of Agriculture that helps eligible borrowers purchase homes in approved rural and suburban areas. It offers 100% financing, meaning no down payment is required, and typically features competitive interest rates.
To qualify for a USDA loan, you must:
  • Purchase a home in a USDA-eligible area
  • Meet the program’s income limits, which vary by location and household size
  • Use the property as your primary residence
  • Meet lender credit and debt-to-income guidelines
Participating lenders can confirm your eligibility based on your location and financial profile.
Yes. USDA loans include a guarantee fee, similar to mortgage insurance, which helps protect the lender. This includes a small upfront fee at closing and an annual fee included in your monthly payment. These fees are typically lower than traditional mortgage insurance costs.
Yes. The USDA offers refinance programs such as the USDA Streamlined Assist Refinance, which allows eligible homeowners to lower their interest rate or monthly payment with reduced documentation requirements.
USDA loans are intended for homes located in eligible rural and suburban areas as defined by the U.S. Department of Agriculture. Many locations outside major metropolitan centers qualify. You can check eligibility by entering a property address on the USDA’s online eligibility map or by asking a participating lender.

Start Exploring USDA Loan Options

Discover if a USDA home loan is right for you. Compare programs, potential rates, and participating lenders in one place.

Mortgage Rates Today helps make homeownership possible with affordable, no-down-payment options backed by the USDA.

No credit impact. No obligation. Just clear information and real choices.

Explore Your Options