100% FINANCING FOR RURAL HOMEOWNERSHIP

USDA Loan

At Stockton Mortgage, we understand that saving for a down payment can be one of the biggest barriers to buying a home.

That’s why we offer USDA Loans, a powerful financing option that provides 100% financing with no down payment required. Backed by the U.S. Department of Agriculture, USDA Loans are designed to support rural communities and help qualified buyers achieve the dream of homeownership.

What is a USDA Loan?

A USDA Loan is a type of mortgage loan backed by the USDA’s Rural Development program. The loan is issued by an approved lender like Stockton Mortgage but insured by the government. This guarantee allows us to offer more favorable loan terms and zero down payment requirements for eligible borrowers.

  • Key features of USDA Loans include:

  • 100% financing—no down payment required
  • Fixed-rate mortgage options for predictable payments
  • Lower mortgage insurance premiums than FHA loans
  • Flexible credit qualifications

To qualify for a USDA Loan, applicants must:

  • Meet income limits, typically 115% or less of the area median income

  • Buy a home in a USDA-approved rural area

  • Use the property as their primary residence

  • Have a credit score of at least 580 (some lenders may accept lower with compensating factors)


It’s important to note that USDA’s definition of “rural” is broader than you might expect. Many small towns and suburban communities qualify. Stockton’s loan officers are happy to help you determine if your desired property meets the location requirement.

USDA Loans offer a host of advantages for eligible homebuyers:


  • Zero down payment: Keep your savings intact and still move into your home

  • Lower interest rates due to government backing

  • Reduced mortgage insurance premiums



Accessible even to first-time buyers with limited credit history

There are several USDA-backed loan options:

  • USDA Purchase Loan: For first-time and repeat buyers purchasing a rural home

  • USDA Streamlined Refinance: For existing USDA loan holders looking to lower monthly payments

  • USDA Construction Loan (available in some states): Finance the purchase and construction of a new rural home

Though USDA Loans eliminate the need for a down payment, some fees still apply. These include:


  • An upfront guarantee fee (usually 1% of the loan amount)

  • Annual mortgage insurance premiums (usually around 0.35%)


These costs are often rolled into the loan, making USDA Loans an affordable long-term option.

Start Your Homebuying
Journey Today!

If you’re interested in a USDA Loan, Stockton Mortgage is here to guide you every step of the way—from prequalification to closing. Our experienced team specializes in rural housing loans and can help you find out if you qualify.

Let Belinda make your dream home a reality—without the down payment.

CALL BELINDA 502-803-0470
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