What is the difference between a USDA Loan and a Rural Development Loan?

There is no difference between a USDA Loan and a Rural Development Loan.  The terms can be used interchangeably.

Both USDA Loans and Rural Development Loans refer to the government guaranteed loan program that lets you borrow up to 100% of your home’s value – Meaning no down payment is required.

Benefits of these USDA Rural Development Loans include:

  • No Money Down
  • No Monthly Mortgage Insurance
  • All Closing Costs Included in Loan
  • Relaxed Underwriting Guidelines
  • NO Maximum Loan Amount
  • NO assets needed to qualify
  • Flexible Credit Guidelines
  • Competitive, Fixed Interest Rates
Starting a USDA Loan application is fast, easy, and best of all, free!  Call 1-866-854-4242 to talk to a certified USDA Loan agent, or start the application on this page.