USDA LOANS - ZERO DOWN IN ELIGIBLE AREAS
0% down financing for eligible properties and incomes in select California locations.
What is USDA loan?
FHA Loans are insured by the Federal Housing Administration. They allow flexible credit standards, lower down payments, and gift funds for downpayment /closing costs.
PROS
Often $0 down with no monthly MI
Competitive rates and flexible credit standards
Streamlined refi options (IRRRL)
No prepayment penalty
CONSIDERATIONS
Property must be in USDA-eligible area
Household income caps
Primary residence only; condition standards apply
BASIC ELIGIBILITY
Income within area limits
Property address in eligible area
DTI within USDA guidelines
RATES & COSTS
Generally competitive; guarantee/ annual fees often lower than FHA MI.
CALIFORNIA NOTES
Limited in coastal/major metros; more options inland/north
We verify both address and household size income
Frequently Asked Questions
We run the address.
Possible but varies.