USDA Home Loans
Could you benefit from a home loan with no money down?
USDA Rural Development guaranteed loans come with big benefits for eligible buyers of qualifying properties. Low to moderate income buyers can purchase a property located in eligible rural areas with no money down. USDA loans can also offer reduced mortgage insurance, relaxed credit score requirements, and below-market mortgage rates.
First Fed USDA Loan Requirements
- Single-family residence
- Owner-occupied
- Purchase or refinance only; no USDA Construction offered at this time
- Property must be located in an eligible area within Washington State
- Manufactured homes ineligible
Additional terms and conditions may apply. Connect with one of our experienced Mortgage Loan Officers who can help you check your eligibility and guide you through the application process.
USDA Home Loan: Purchase
Apply Now (opens in a new tab)| Loan Term | Interest Rate | APR | Discount Points | Ex: Loan Amount | Ex: Monthly Payment |
|---|---|---|---|---|---|
| 30-year USDA Fixed Rate Purchase | 6.375% | 6.923% | 0.375 | $505,050.00 | $3297.40 |
Interest Rates Effective: 09/17/2026
USDA Guaranteed Loans include a one-time upfront guarantee fee of 1% of the loan amount, which can be financed into the loan or paid at closing. An annual fee of 0.35% of the remaining loan balance is also required and paid monthly as part of your mortgage payment. These fees help support the USDA loan program and are subject to change annually.
Rates listed are for primary residence in single family home with a 0% down payment and borrower credit score of 780. Annual Percentage Rate (APR) represents the true yearly cost of your loan, including any fees or costs in addition to the actual interest you pay to the lender. Example monthly payments are estimates based on final loan amount and include principal, interest, the USDA Annual Fee and financing of the upfront USDA Guarantee Fee. Actual payments may be higher if they include taxes and insurance. Rate, terms and fees are subject to change without notice and are subject to credit approval. Ask us about additional available loan programs.
Have you checked if your property is the USDA’s eligible zone?
Use the USDA Property Eligibility lookup tool (opens in a new tab) (this link will show a message before it opens) for specific properties.
Any area on the map not highlighted is likely in the eligible zone!
