USDA Loans

A USDA Guaranteed Rural Housing Loan, offered by Waterstone Mortgage, is a fixed-rate mortgage supported by the U.S. Department of Agriculture. Designed not only for farmers but also for families looking to buy homes in rural and suburban areas, these loans require no down payment and have flexible credit score requirements. USDA loans provide 100% financing of the home's purchase price and offer better terms compared to FHA or conventional loans. Eligibility includes purchasing a property in a designated rural area and meeting county-specific income restrictions. Waterstone Mortgage professionals are available to guide applicants through the process, including refinancing options for existing USDA homeowners to achieve more favorable terms.