Loans By Kathy: USDA, It’s Not Just For Grading Meat…

USDA, It’s Not Just For Grading Meat…

USDA, is not just for grading meat.  In fact, through the USDA (United States Department of Agriculture) there is a 100% financing program for owner occupied residential property.    Yes, you read that correctly, it is a 100% financing program! 


Now, not every home buyer will qualify for this loan program, and not every property is eligible either.  The eligibility is determined county by county and based on the population.  The maximum household income limits are also determined by county.

Here are some other specifics that you will find helpful:

·        the borrower may borrow up to 100% of the appraised value

·        there are no limits on seller concessions

·        property must conform to HUD standards

·        the borrower must personally occupy the home on a permanent basis

·        the borrower cannot own and adequate dwelling within the local commuting distance

·        manufactured homes on a rented sites are not acceptable

·        borrower cannot be delinquent on any federal debt

Here is the website: RD Home Loans 


For more information, please give me a call.



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Kathy Sheehan Senior Loan Officer






Bay Equity LLC

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11475 Great Oaks Way, Suite 350, Alpharetta, GA 30002

800.BAY.3703 Bay Equity LLC NMLS ID#76988



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The opinions and general information in this blog are soley those of Kathy Sheehan.  Specifics regarding an individual case should be discussed in detail with a loan professional.  For a confidential consultation, please feel free to contact me via phone or email.  All terms and conditions are subject to change.


Comment balloon 3 commentsKathy Sheehan • February 27 2012 11:23AM


Thanks for posting on this program, Kathy. It is important to get the word out to as many potential home buyers as possible. I will share this information.

Posted by Elva Branson-Lee, CDPE - Atlanta Real Estate & Short Sale Agent (Solid Source Realty GA) almost 7 years ago

Elva, you have some pocket areas in your area that do qualify.

Posted by Kathy Sheehan, Senior Loan Officer (Bay Equity, LLC 770-634-4021) almost 7 years ago

My buyers have used USDA financing frequentl, Kathy.  And, it is great!

Posted by Suzanne McLaughlin, Sabinske & Associates, Realtor (Sabinske & Associates, Inc. (Albertville, St. Michael)) over 6 years ago