USDA Loan – No Down Payment for Rural & Suburban Buyers
The USDA loan is a government-backed mortgage for buying in rural & eligible suburban areas—and it requires no down payment! Designed for moderate to low-income buyers who qualify.
Best for: Buyers looking to live outside the city with zero down
- Pros:
- No down payment required
- Low mortgage insurance costs
- Cons:
- Home must be in a USDA-eligible area
- Income limits apply (not for high earners)