USDA loans are government-backed mortgages for borrowers buying in specific, eligible rural areas. These loans don't require a down payment, and they have fairly lenient credit score requirements.

The U.S. Department of Agriculture (USDA) announced on Friday that it has lowered the interest rates for its single-family housing (SFH) direct home loan programs as of March 1, according to an email ...

Crews broke ground in Hendersonville Tuesday, June 30, at the future site of multiple affordable homes, a project made ...

Add Yahoo as a preferred source to see more of our stories on Google. Getting a mortgage to buy a home is a process, with many hoops and hurdles to jump through before reaching the finish line. And ...

USDA Section 502 loans are primarily used to help low-income individuals or households purchase homes in rural areas. Funds can be used to build, repair, renovate or relocate a home, or to purchase ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

When the USDA ran out of money for its Section 502 guaranteed Rural Housing product in April, the program effectively shut down. At that time it was up to the Congress to appropriate the $150 million ...

For homebuyers seeking a zero-down-payment mortgage, a USDA home loan is worth consideration. Although USDA rural development loans are often thought to be limited to farms, these loans are available ...