Standout benefits: Rocket Mortgage's Fresh Start program helps applicants boost their credit scores before applying. Rocket ...

Direct Loan Program The USDA funds direct loans, which are reserved for borrowers with income at or below the low-income limit for your area. The loan term can be as long as 33 or 38 years ...

USDA recently announced a $49 million contract with Phoenixteam to modernize its mortgage underwriting system, GUS ...

You can refinance a USDA loan if your mortgage payments are current and you meet credit score, debt and income requirements.

USDA’s upfront fee is 1.00% or 0.01 times the loan amount, financed into the loan. FHA’s MI factor, also called its Mortgage Insurance Premium is 0.55% . This program requires at least 3.5% down.

Florida-based Freedom Mortgage offers FHA, VA and USDA loans in addition to conventional mortgages and refinancing. You’ll ...

The USDA (U.S. Department of Agriculture) sets the eligibility requirements and assigns the areas in which properties are eligible for USDA loans. These are fixed-rate loans, and there is no down ...

However, you must meet the USDA’s annual income eligibility requirements for your area. Plus, your mortgage payments must have been made on time for the past 12 months.

USDA loans do not have a set maximum loan amount or purchase price limit imposed by the agency?. The “limit” is effectively determined by what you can afford under the income and DTI guidelines.

USDA Rural Development home loans offer zero-down financing with competitive interest rates for eligible buyers in rural areas. Below, we detail Maryland’s 2025 income limits, eligible areas, and the ...

However, major Iowa cities and their dense suburbs are excluded. For instance, downtown Des Moines, Cedar Rapids, Davenport, Waterloo, Iowa City, and other large city limits do not qualify .