🌾 Finance · USDA Loan Program

USDA Loans —
$0 Down for
Rural & Suburban Buyers.

You don't have to live on a farm to qualify. USDA loans offer $0 down payment, low mortgage insurance, and competitive rates for eligible buyers in qualifying rural and suburban areas — which covers more of Florida than most people realize.

See If I Qualify
$0
Down payment
0.35%
Annual guarantee fee
97%
of U.S. land is eligible

USDA Loan Quick Facts

Down Payment$0 Required
Upfront Guarantee Fee1% of loan amount
Annual Guarantee Fee0.35% of balance
Typical Credit Score640+ (640 guideline)
Income Limit115% of area median
Property LocationUSDA-eligible area
Property TypePrimary residence only
Loan LimitsNo hard cap
USDA-Experienced Lenders in Our Network
Preferred Rates with Direct Rate
Up to $4,500 in Rebates Available
Free Eligibility Check — No Obligation
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Government-backed. $0 down. More areas qualify than you think.

A USDA loan is a mortgage backed by the U.S. Department of Agriculture. Despite the name, it's not just for farmers. It's designed to help low-to-moderate income buyers purchase homes in eligible rural and suburban areas — with no down payment required.

In Florida, a significant portion of the state falls within USDA-eligible zones — including suburban areas outside of major metros like Orlando, Tampa, and Jacksonville. Many buyers are surprised to find that neighborhoods they're already considering qualify.

Key Distinction

USDA eligibility depends on two things: the location of the property and the income of the household. Both must qualify — but both are more flexible than most buyers expect. We can check both for you in minutes.

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No Down Payment

USDA loans require $0 down — one of only two government loan programs (along with VA) that offer this. The 1% upfront guarantee fee can be rolled into the loan, so closing truly requires minimal cash.

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Lower Mortgage Insurance

USDA's annual guarantee fee of 0.35% is significantly lower than FHA's annual MIP (0.55–0.75%), saving eligible buyers hundreds of dollars per year on their monthly payment.

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More Areas Qualify Than You Think

About 97% of U.S. land area is USDA-eligible. In Florida this includes most of Central Florida outside core metro zones, plus large portions of Southwest and North Florida.

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Refinance Options Available

Existing USDA loan holders may be eligible for a USDA Streamlined Assist Refinance — with no appraisal required in most cases, as long as payments have been on time.

Property location & household income — that's it.

USDA eligibility comes down to where the home is located and what your household earns. Both can be checked quickly — and both are more forgiving than most buyers expect.

🗺️ Property Eligibility

  • Home must be in a USDA-designated eligible rural or suburban area
  • Check eligibility at the USDA's official eligibility map (we can check for you)
  • Must be a single-family home, condo, townhouse, or modular home
  • Property must be your primary residence — not a vacation or investment property
  • Home must meet USDA property condition requirements
  • Many suburban areas outside major Florida metros qualify — including parts of Osceola, Polk, Marion, and Hernando counties

💼 Income Eligibility

  • Household income must be at or below 115% of the area median income (AMI)
  • All household members' income counts — not just the borrower's
  • Certain deductions (dependents, disability, childcare) can reduce counted income
  • Minimum credit score: 640 is the standard guideline, though some lenders may vary
  • Stable employment and income history required — typically 2 years
  • Debt-to-income ratio generally up to 41–44% (higher with compensating factors)
2025 USDA Income Limits — Sample Florida Counties
County 1–4 Person Household 5–8 Person Household
Orange County (Orlando area)$110,650$146,050
Osceola County$110,650$146,050
Polk County$103,500$136,650
Marion County (Ocala)$89,550$118,200
Hernando County$103,500$136,650
Volusia County$103,500$136,650

Limits shown are approximate 2025 figures. Actual limits vary by county and are updated periodically. Contact us for a precise limit check for your specific area.

Not sure if your property or income qualifies?

We'll check both your property address and household income against current USDA guidelines — in minutes, at no cost and no obligation.

USDA Property Eligibility

Many Florida Neighborhoods Qualify — Including Yours.

USDA-eligible areas in Florida are more widespread than most buyers realize. Outside of the core urban areas of Miami, Orlando, Tampa, and Fort Lauderdale, large portions of the state fall within eligible zones — including growing suburban communities that many buyers are already targeting.

The best way to know if a specific address qualifies is to run it through the USDA's eligibility map — or let us check it for you as part of a free mortgage review.

USDA Official Map ↗

Free check · No obligation
We can run this for you

Honest pros and cons of USDA financing.

USDA loans are one of the best-kept secrets in home financing — but they're not for every buyer or every property.

✅ Advantages of USDA Loans

  • $0 down payment required
  • Lower annual fee (0.35%) vs. FHA MIP (0.55–0.75%)
  • Upfront fee of 1% can be rolled into the loan
  • Competitive interest rates — often below conventional
  • No loan limits — borrow what you qualify for
  • Seller can contribute to closing costs
  • Available to non-first-time buyers
  • Streamlined refinance option for existing USDA borrowers

⚠️ Things to Consider

  • Property must be in a USDA-eligible area
  • Household income must be under the area limit
  • Primary residence only — no investment or vacation properties
  • Minimum credit score of 640 typically required
  • Annual guarantee fee stays for the life of the loan
  • Property must meet USDA condition standards
  • Processing times may be slightly longer than conventional

USDA vs. FHA vs. VA vs. Conventional

See how USDA stacks up against other loan programs so you can choose the best path for your situation.

Feature FHA VA USDA Conventional
Down Payment3.5%$0$03–5%
Mortgage InsuranceMIP — lifetimeNone0.35%/yr feePMI until 20%
Min. Credit Score500–580No VA minimum640 (guideline)620+
Income LimitNoneNone115% of AMINone
Location RestrictionNoneNoneUSDA-eligible areasNone
Loan LimitsCounty limitsNone (full entitlement)No hard limitConforming limit
Property TypePrimary onlyPrimary onlyPrimary onlyAny
Who QualifiesMost buyersVeterans onlyIncome-eligible rural/suburbanGood credit buyers

General guidelines. Actual requirements vary by lender. Speak with a licensed mortgage advisor for your specific situation.

💳 Credit Score Under 640?

Don't Count Yourself Out Yet.

USDA typically requires a 640 credit score — but if you're not there yet, our in-house credit repair team can build a personalized plan to get you qualified. USDA is one of the most powerful loan programs available, and a credit score is one of the most fixable obstacles between you and $0 down.

Learn About Credit Repair

Free review. No obligation.
We work with all credit levels.

Featured Trusted Partner

Preferred USDA Loan Rates
Through Direct Rate

OwningYourHouse.com connects eligible buyers with our featured trusted partner, Direct Rate, for USDA mortgage guidance and preferred rates. You are always free to work with the lender of your choice — but OYH network members may qualify for preferred rates and reduced fees when financing through Direct Rate.

Preferred rates available through Direct Rate, LLC, NMLS #2320473, when financing within the OYH trusted partner network. You are not required to use any specific lender. Subject to eligibility, underwriting, and approval.

All Loan Programs
OYH Member Benefit

Up to $4,500 in Rebates & Incentives

Eligible buyers who work within the OYH trusted partner network may qualify for up to $4,500 in rebates and incentives at closing — including USDA buyer programs, rural area incentives, and profession-based savings for teachers, first responders, medical professionals, and more.

Check My Eligibility →

Eligibility varies by program.
No obligation to check.

USDA Loan FAQ

Straight answers to the most common questions about USDA loans.

Do I have to be a farmer or buy rural land to use a USDA loan? +
No. Despite being administered by the USDA, this loan program is not limited to farms or agricultural land. It applies to standard residential properties — single-family homes, condos, and townhouses — in areas the USDA designates as rural or suburban. Many of these areas are established neighborhoods in growing communities, not remote countryside.
How do I know if a specific property qualifies? +
The easiest way is to enter the property address into the USDA's official eligibility map at eligibility.sc.egov.usda.gov — or let us check it for you as part of a free mortgage review. Eligible areas can sometimes surprise buyers: many suburban neighborhoods outside Florida's major metro cores qualify, including parts of Polk, Marion, Osceola, and Hernando counties.
How does the USDA income limit work exactly? +
The income limit is based on your total household income — meaning everyone living in the home, not just the borrowers on the loan. The limit is set at 115% of the area median income (AMI) for your county and household size. Certain deductions can reduce your counted income: dependents under 18, full-time students, disability expenses, and childcare costs for children under 12. Your mortgage advisor can calculate your adjusted income to determine eligibility.
What is the USDA guarantee fee and can it be financed? +
USDA loans require two fees instead of traditional PMI: an upfront guarantee fee of 1% of the loan amount (which can be rolled into the loan), and an annual fee of 0.35% of the remaining loan balance, paid monthly. Unlike FHA's MIP, the USDA annual fee is lower — and unlike conventional PMI, it cannot be removed based on equity alone, but does decrease as the loan balance is paid down.
Can I use a USDA loan on a new construction home? +
Yes. USDA construction loans are available for buyers who want to build a new home on a qualifying lot in an eligible area. The home must be the buyer's primary residence, built by an approved builder, and meet USDA property standards. USDA construction loans can be structured as one-time-close programs that cover both construction and permanent financing in a single loan.
Can I refinance my existing USDA loan? +
Yes. The USDA Streamlined Assist Refinance program allows eligible borrowers to refinance an existing USDA loan with reduced documentation requirements and no appraisal in most cases. The refinance must result in a lower monthly payment, and borrowers must have made 12 consecutive on-time payments before applying.
My credit score is under 640. Can I still work toward USDA qualifying? +
Yes — and we can help. Our in-house credit repair team works with buyers who aren't quite at the 640 threshold yet. We'll review your credit report, identify what's holding your score back, and build a plan to get you to qualifying range. For many buyers, the gap between their current score and 640 can be closed faster than expected. Learn more about our credit repair services →

Ready to See If You Qualify for a USDA Loan?

We'll check your property address and household income against current USDA guidelines — free, fast, and with no obligation.

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