Have you always dreamed of owning your own home in the country?  If so, the USDA loan program might be the perfect match for you. 




What is the USDA home loan program?

USDA loans are loans that are insured by the United States Department of Agriculture.  They are most well known for their 100% financing or "no money down"  perks.  This means that with a USDA mortgage program you are able to finance 100% of the home's purchase price which can help more people get into their dream homes without having to put thousands of dollars down.  Interest rates on USDA loans are still competitive and compete with other loan programs.  

What are the qualifying areas I can purchase a home in for USDA?

The USDA home loan program is specific to certain "rural" areas.  The good news is that most of Iowa is considered rural other than a few of the larger cities.  Below is a map of central Iowa showing that the only places that do not qualify for a USDA loan is Ames, Ankeny and the Des Moines Metro.  Contact our office to find out about other qualifying locations.