USDA Loans Zero Down Payment Rural Home Loans

USDA Rural Home Loans in Louisiana | Kamron Kimbrough

Check USDA rural loan eligibility, zero-down options, and qualification requirements with Kamron Kimbrough at GoRascal in Jena and Central Louisiana.

USDA Loans Zero Down Payment Rural Home Loans

Programs that may fit

How the USDA Single Family Guaranteed loan works

What USDA means for buyers in Jena and LaSalle Parish

How USDA compares with other options

Qualification and costs

1.00% guarantee fee

0.35% annual fee

Start with the address, then the numbers

Frequently Asked Questions

LET'S TALK

Eligible borrowers in qualifying rural and suburban areas may finance 100% of the purchase price. USDA's Single Family Housing Guaranteed Loan Program can allow no down payment for eligible buyers in qualifying rural areas, subject to property location, household income, and credit.

Quick Eligibility Check

Educational suggestions based on typical guidelines — not a credit decision, pre-approval, or a commitment to lend.

The program

The USDA Single Family Housing Guaranteed Loan Program is a federal program that supports homeownership in eligible rural and small-town areas. USDA guarantees part of the loan, which allows approved private lenders to offer financing that can cover the full purchase price for qualifying buyers.

The program is for a primary residence only. A home can be in a rural-looking area and still fall outside the eligible map, and a buyer can have a suitable property and still exceed the income limit. Both conditions are checked before you commit.

Local focus

Many smaller communities across LaSalle Parish and Central Louisiana include USDA-eligible addresses, so this program is worth checking before you assume a conventional or FHA loan is the only path. Two properties a few miles apart can differ, which is why I check the exact address.

Comparing programs

USDA is strongest when the property is eligible and your income fits the limit. Otherwise another program may be a better fit. The table summarizes general guidelines, not a quote.

Fees and guidelines are summarized from general program rules and can change. Compare the actual figures on each Loan Estimate.

Qualifying

USDA is designed for moderate-income households, so income and location are the first two questions. These are the main areas to review before you rely on the program.

Upfront

Charged on the loan amount. It can usually be financed into the loan, which raises the balance.

Annual

Charged on the remaining balance and paid monthly, based on USDA's published schedule. Confirm the current rate with your lender before budgeting.