USDA Loans

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• USDA home loans are backed by the U.S. Department of Agriculture and are designed to promote homeownership in eligible areas. 
• For qualified borrowers and properties, USDA financing can offer significant benefits, including the possibility of financing without a traditional down payment.

• USDA's guaranteed home loan program allows approved lenders to provide mortgages to eligible borrowers purchasing qualifying homes.
• Despite the name, USDA loans aren't limited to farms or extremely remote areas. Many smaller communities and certain suburban areas may qualify.
• Both the borrower and the property must meet applicable USDA requirements.

Potential 100% Financing

• Eligible borrowers may be able to finance the home's purchase price without a traditional down payment.

Geographic Eligibility

• The property must be located within an area designated as eligible by USDA.

Income Limits

• Household income requirements apply and vary by location and household circumstances.

Primary Residence

• USDA financing is generally designed for eligible borrowers purchasing a primary residence.

USDA financing may be particularly attractive to eligible buyers who want to purchase outside dense urban areas, have limited funds available for a down payment, meet applicable household income limits, and intend to occupy the home as their primary residence.

Do I have to buy a farm?
No. USDA home loans can finance ordinary residential properties located within eligible areas.

Does USDA require a down payment?
Eligible USDA guaranteed loans may offer 100% financing, subject to program and lender requirements.

Can I use USDA financing anywhere in Utah?
No. Property eligibility is location-specific and should be verified for the particular address.

We can help you determine whether the property and your financing needs may fit available USDA programs.