USDA Loans
Unlock affordable homeownership in rural areas with USDA house loans offering zero down payment, low rates, and flexible terms.
USDA Home Loans in Texas
This popular government-backed loan programs offer friendly financial terms that make home-buying far more affordable.
USDA Rural Loans
- Purchase or build with no money down in eligible rural areas
- Moderate Household Income
- 30-year fixed rates*
- Low Monthly Guarantee fee - like mortgage insurance
Questions? We can help.
Monday - Friday 9AM - 6PM
and Saturday 10AM - 2PM CST
Talk to a Mortgage Specialist
972-705-4845
Get a USDA financing consultation.
USDA House Loans
Purchase or build with no money down in eligible rural areas
Who may apply for this program?
- Meet income-eligibility (cannot exceed 115% of median household income)
- Agree to personally occupy the dwelling as their primary residence
- Be a U.S. Citizen, U.S. non-citizen national or Qualified Alien
Why does Rural Development do this?
This program helps lenders work with low- and moderate-income households living in rural areas to make homeownership a reality. Providing affordable homeownership opportunities promotes prosperity, which in turn creates thriving communities and improves the quality of life in rural areas.
What is an eligible rural area?
Utilizing this USDA's Eligibility Site you can enter a specific address for determination or just search the map to review general eligible areas.
Consider These USDA House Loan Benefits
Zero Down Payment
USDA loans allow you to purchase or build a home with no money down, making it easier to achieve homeownership in eligible rural areas.
30-Year Fixed Rates
Enjoy the stability of a 30-year fixed-rate mortgage, ensuring predictable monthly payments and long-term financial planning.
Low Monthly Guarantee Fee
USDA rural development home loans feature a low monthly guarantee fee, similar to mortgage insurance, helping keep your overall housing costs down.
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Use our USDA Home Loan Calculator
Information and interactive calculators are made available to you as self-help tools for your independent use. We do not guarantee the accuracy of the calculators or their applicability to your circumstances. You may contact us so that we may provide you with even more details and information about our products.
Get a good look at where you are and where you're going next.
Financial CalculatorsUSDA Mortgage FAQs
What can USDA funds be used for?
USDA Section 502 Guaranteed Loan Uses
USDA Section 502 Guaranteed Loan funds may be used for:
- New or existing residential property to be used as a permanent residence. Structures can be detached, attached, Condos, PUDs, or Modular homes. (Cannot be an income-producing property). Closing costs and reasonable/customary expenses associated with the purchase may be included in the transaction.
- A site with a new or existing dwelling. No set acreage limits.
- Repairs and rehabilitation when associated with the purchase of an existing dwelling.
- Refinancing of eligible loans – for existing USDA borrowers only.
What are the credit requirements?
The program has no credit score requirements, but applicants are expected to demonstrate a willingness and ability to handle and manage debt.
What are the USDA loan rates?
Interest rates vary and are determined by individual lenders. We encourage you to comparison shop between lenders to find the best available option.
What are the terms?
USDA Section 502 Guaranteed Loans are offered at a 30year fixed rate only.
How large a down payment do I need?
You can purchase or build with no money down in eligible areas.
What costs are associated with buying a home?
Along with the down payment and monthly payment, you have:
- Closing costs, which may be between 1% and 5% of the loan
- Property taxes
- Home insurance
Plus, as a homeowner, you’re responsible for upkeep and maintenance, so it’s a good idea to have extra money budgeted for those expenses.
What is the first step to getting a mortgage?
Get started above, or give us a call! A consultation with one of our mortgage lending specialists will lead to you getting pre-qualified for a loan. Our mortgage lending team can find out what loan amount you may qualify for and help you pick the best type of loan for you to buy the home of your dreams. They can also help you create a strategy for coming up with a down payment and getting your finances in order as you work towards buying your new home.
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*NMLS #576560 Credit Union of Texas provides mortgage loans through its affiliate Texas Mortgage Lending, LLC, NMLS #1641703. CUTX home loan programs are only available in Texas. Loans are subject to credit approval, CUTX’s lending policies, and property approval. Terms, conditions and traditional closing costs may apply. A typical 30-year conforming $300,000 loan with a fixed rate of 6.00% (6.280% APR) would have 360 monthly principal and interest payments of $1,798.65. Monthly payments do not include taxes and insurance and the actual payment obligation will be greater. Membership required.