USDA Loan

Perhaps you feel more at home surrounded by pastures than pavement. If so a USDA Loan might be right for you.

What is a USDA loan?

A USDA home loan is a zero down payment mortgage for eligible rural and suburban homebuyers. USDA loans are issued through the USDA loan program, also known as the USDA Rural Development Guaranteed Housing Loan Program, by the United States Department of Agriculture.

   No Down Payment

   Lower-Than-Market Interest Rate

   Low Monthly Private Mortgage Insurance (PMI)

   Flexible Credit Guidelines

   Ability to Finance Upfront PMI

Read More:

What is an FHA Loan?

An FHA loan is a type of mortgage that is insured by the Federal Housing Administration of the U.S. Department of

What is an 80/10/10?

When purchasing a home, if less than 20% of the purchase price is placed as a down payment, mortgage insurance (MI)

All information on myutahmortgage.com is for informational purposes only and, while Utah Mortgage strives to keep its information accurate and up to date, no guarantee is expressed or implied. Any programs shown do not demonstrate all options or pricing structures. All loans are subject to credit and property approval. Programs, rates, terms and conditions are subject to change without notice. Other restrictions may apply. Utah Mortgage, Incorportated NMLS# 1432672. Equal Housing Lender | 1525 North Main Street, Suite 100, Bountiful, UT 84010