Perhaps you prefer pastures to pavement for your surroundings. If so, the U.S. may make purchasing a home very feasible.

It's possible that the USDA's mortgage assistance program is one of the least publicized ones offered by the federal government.

A USDA home loan requires no down payment for qualified rural homebuyers. USDA loans are made available through the USDA loan program.

The USDA Rural Development Guaranteed Housing Loan Program is administered by the United States Department of Agriculture.

In 2017, the USDA assisted 127,000 families in purchasing and upgrading their homes through its Rural Development program.

The goal of the program is to "improve the economy and quality of life in rural America." [Citation needed]

It has competitive interest rates and requires no initial payment, and you might be surprised to learn how simple it is to qualify for it.

With so many different types of mortgage loans to choose from, how do you know if a USDA loan is right for you? Here's a rundown of how it works and who is eligible:

The USDA guarantees a mortgage issued by a local lender, allowing you to get low mortgage interest rates even without a down payment.

Location and household size determine home loan guarantee income limits. Consult this USDA map and table for your county's loan guarantee income limit.

Applicants with credit scores of 640 or higher have their applications processed more quickly. Those with lower scores must meet more stringent underwriting requirements.

The USDA goes a step further in assisting prospective homebuyers by providing mortgages to those deemed to be in the greatest need.