Our home lenders know the USDA loan is one of the most powerful mortgage options available. A USDA loan, also known as The USDA Rural Development Single Family Housing Guaranteed Loan Program, comes with significant benefits which provide home buyers the opportunity to achieve home loan terms which are not offered by any other program.

Originally designed to help rural Americans realize the dream of homeownership, the USDA Mortgage now serves a wide variety of locations and cities. Of the many benefits, the most cited is the ability to obtain 100% home financing. This means qualified borrowers can purchase the home of their dreams with no down payment for those who qualify for a USDA Rural Development loan.

With the guarantee of the U.S. Government, our home lenders can offer competitive home interest rates to qualified individuals and families. Who is eligible? Any individual or family who plans to occupy a home located in an eligible area as their primary residence may qualify for a USDA rural housing loan. There is also an income eligibility chart which includes maximum income limits based on the number of people in your household. The location and income are two key factors which allow our Madison home lenders to help you with this great home loan program.