100% USDA Financing

This product offers 100% Financing for qualified buyers as long as they fit into a geographic and income bracket In order to be eligible for many USDA (United States Department of Agriculture) loans, household income must meet certain guidelines. Also, the home to be purchased must be located in an eligible rural area as defined by USDA. To search for eligible property locations go to the following link here and click the “accept” button:

Unique features of this loan are:

  • No down payment required
  • 620 minimum FICO score for most lenders
  • Buyer cannot own another property at closing
  • Low amount of monthly mortgage insurance required
  • One time financed Funding Premium is financed into the loan amount, much like FHA
  • Underwritten to general FHA standards
  • Competitive interest rates
  • 6% seller/lender contribution allowed

Call us at 602.206.3144 with any questions.

*Fairway is not affiliated with any government agencies. These materials are not from HUD or FHA and were not approved by HUD or a government agency.