Department of Agriculture Home Loans

How a USDA Loan can benefit you

USDA loans are for rural or agricultural communities. A lender underwrites and funds the loan according to specific guidelines and USDA guarantees the loan. Qualifying borrowers receive below market rate financing and favorable, 100% financing terms.

You may be surprised at what USDA considers a rural community. Below is a list of communities near Sacramento that qualify. Be advised this is a very general and incomplete list, and you are invited to contact us to see if your scenario meets USDA guidelines.

El Dorado County	Placer County	Sacramento County	Solano County
Cameron Park	Auburn	Galt	Attendale
Coloma	Colfax	Herald	Dixon
Diamond Springs	Foresthill	Iselton	Rio Vista
El Dorado Hills	Kings Beach	Locke
Georgetown	Lincoln	Rancho Murieta
Grizzly Flats	Loomis	Sloughhouse
Placerville	Meadow Vista	Walnut Grove
Pollock Pines	Tahoe City	Wilton
Shingle Springs	Tahoe Vista
Stanislaus County	Sutter	Yolo County	Yuba County
Knights Ferry	Live Oak	Esparto	Loma Rica
Newman	Nicolas	Knights Landing	Sheridan
Oakdale	East Nicolas	Winters	Wheatland
The following counties are 100% eligible for USDA financing
Alpine	Glenn	Mendocino	Sierra
Amador	Inyo	Modoc	Siskiyou
Calaveras	Lake	Mono	Tehama
Colusa	Lassen	Nevada	Trinity
Del Norte	Mariposa	Plumas	Tuolume

Income Limits

USDA is a need based program. There is a basic income limit for one person households which increases to compensate up to an 8 person household. Please note underwriting methods of calculating income may differ greatly from your own, and the figures below are not a promise nor denial of your ability to get a USDA loan.  As of 8/21/2008 the following maximum income limits apply:

To review, a USDA loan offers the following benefits: 
 
100% Financing, No down payment
Attractive below market interest rates
No Mortgage Insurance
No maximum purchase price limit
Flexible credit & qualifying guidelines
Some repairs can be included in the loan
Gifts are allowed for closing costs
 
What are you waiting for?

This extended contact form will allow your loan officer to better serve your needs! 

Loan Amount Home Value     Loan Program Requested     30 Year Fixed 15 Year Fixed 40 Year Fixed 25 Year Fixed 20 Year Fixed 10 Year Fixed 10 Year ARM 7 Year ARM 5 Year ARM 3 Year ARM 2 Year ARM 30 Year Fixed Interest Only 10 Year ARM Interest Only 7 Year ARM Interest Only 5 Year ARM Interest Only 3 Year ARM Interest Only Unsure-Need Advice First Name Last Name     Property Type     Single Family-Detached Townhouse Condo Duplex Triplex Quadplex 5+ Units Commercial Manufactured Home - Currently Unavailable Lot-Land Loan - Currently Unavailable Email     Zip code     Occupancy Type Work Phone Home Phone     Primary Residence Second Home Investment Property     Your Credit Rating First time homebuyer?     Credit Rating Over the Top - Over 740 Very Good - 720 to 739 Good - 700 to 719 Reasonable - 680 to 699 Fair - 660 to 679 Needs Some Work - 620 - 659 Needs Much Work - Below 620   Monthly Salary(household) $