USDA Home Loans Nevada - Vision Home Mortgage

USDA Loans

A USDA home loan program offers low-income residents the chance at homeownership in rural areas who otherwise can't obtain a conventional or FHA mortgage. The purpose of USDA home loans are to help rural area residents obtain a home that has modern utilities and ample space, increasing the quality of life and preventing unhealthy or unsafe rural conditions. If your looking to purchase in a rural area, you may qualify for either the USDA guaranteed loan or a USDA direct loan. Both programs offer 100% home financing to eligible borrowers. Here is what you need to know about USDA guaranteed and USDA direct loans:


Types of USDA Loans

  • USDA Guaranteed Loan
  • USDA Direct Loan


                USDA Guaranteed Loan                                                                       USDA Direct Loan

                Down Payment = 0%                                                                          Down Payment = 0%

                Debt to income = 41%                                                                        Debt to Income = 41%

                Credit Score = 640+                                                                           Credit Score = 640+ (can be lower in certain scenarios)

                Income Limit = not to exceed 115% of AMI                                           Income Limit = Limits vary by county

                Property Location = Rural area                                                             Property Location = rural area with population of 35000 or less 

                Property Type = Primary residence, no in ground swimming pool             Property Type = Primary residence, no in ground swimming pool

                Home Size = Modest for area                                                                Home Size = Modest for area

                Property Size = Typical for area                                                             Property Size = Small enough to not be subsidized into smaller parcels


USDA Loan Limit

USDA loan limits are area specific. Search area limits here: RD-SFHAreaLoanLimitMap.pdf (

USDA loans are low-interest mortgages with zero down payments designed for low-income Americans who don't have good enough credit to qualify for traditional mortgages. You must use a USDA loan to buy a home in a designated area that covers several rural and suburban locations.