Iowa USDA Loans

USDA Loans

USDA Rural Development and its loan program were designed to help improve the economy and quality of life throughout rural America. The program continues to remain a wonderful option for qualifying homebuyers, with zero down payment required. It's not "just for farmers," millions can now qualify.

  • Offer better terms than an FHA or conventional loans.
  • $0 Down Financing.
  • No Monthly Private Mortgage Insurance (PMI).
  • Can be used to buy a new home or refinance a current USDA loan to a lower rate.
  • Sellers are allowed to pay your closing cost.
  • Almost anyone that lives outside a major city can qualify for a USDA Loan.
  • Credit scores down to 620.

If you're thinking of purchasing a home and you're wondering if you may qualify for a USDA loan, give us a call and we can tell you if the area you are interested in falls in the USDA eligible properties.