USDA Loans

Right Start Mortgage, Inc DBA GFS Home Loans in Florida can help you learn the requirements for USDA loans and determine your eligibility. USDA loans are loans guaranteed by the government, and often issued to those in rural areas, small communities and some areas just outside major metropolitan areas.

Call Kristine's Team at 904-514-6969 to check your eligibility for a USDA loan.

What is a USDA Loan?

USDA home loans, also known as rural development loans, are loans guaranteed by the US government. To help families who may not quality for conventional loans or have the same lending options as those in larger cities, the US government issues these loans through approved private lenders.

With a USDA loan, you can borrow up to 100% of the home's appraised value, meaning no down payment is needed. The loan is set for a 30-year fixed rate home loan, and requires a monthly mortgage insurance premium.

A USDA loan is a great option for families in smaller communities trying to find a way to buy a house.

Who is eligible for a USDA Loan?

According to USDA, to be eligible for a USDA loan, you must:

  • be a US Citizen, a US Non Citizen National or have a qualified Alien status
  • be at least 18
  • not own another house in the local area (some exceptions may apply)
  • occupy the home as your primary residence
  • be unable to get conventional loan that requires a 20% down payment

Income Guidelines for USDA Home Loans

There are income limits and guidelines for USDA loans that vary by the area in which you're applying for the loan. To learn the guidelines for your desired area, please contact us at 904-514-6969 or email Kristine Kennedy!

How do I apply for a USDA Loan?

Right Start Mortgage, Inc DBA GFS Home Loans in Florida is an approved lender and can help you secure a USDA loan. USDA loans are offered by lenders such as Right Start Mortgage, Inc DBA GFS Home Loans who meet federal guidelines on lending.

To determine if you pre-qualify for a USDA Loan, please complete our form online or call Kristine Kennedy at 904-514-6969.

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