USDA loans are zero-down-payment mortgages for rural and suburban homebuyers. They’re mainly for borrowers who aren't wealthy and can’t get a traditional mortgage.
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USDA loans are zero-down-payment mortgages for rural and suburban homebuyers. They’re mainly for borrowers who aren't wealthy and can’t get a traditional mortgage.
Conventional mortgages aren't federally guaranteed. Down payments can be as low as 3% but qualifications are tougher than for FHA and other government home loans.