USDA Home Loans
When it comes to creating a USDA rural development loan to fit your needs, we’re here to make it happen.
Home lending for beautiful places out in the country.
As a USDA approved lender, Flagstar Bank is ready to help you prepare a plan and make that special place your home. USDA rural development loans are for homes located in eligible rural areas determined by the U.S. Department of Agriculture. This program offers fully-amortizing, fixed-rate mortgage financing and is guaranteed by the U.S. government. USDA loans require no down payment and offer more flexible qualifying criteria, making them an ideal option for first-time homebuyers or someone with no formal credit history looking to buy a home in a rural setting.
USDA MORTGAGE FEATURES YOU'LL LOVE:
- Purchase a new home with no down payment
- USDA rural housing loans are available as a fixed-rate mortgage for properties located in eligible rural areas
- No prepayment penalty
- Affordable USDA mortgage rates and loan terms
See how we can help with competitive USDA loan interest rates and an easy application process.

Taking the steps to homeownership.
When you apply for a USDA mortgage, you'll still want to determine how much you can afford on a monthly basis and shop for competitive USDA loan interest rates, just as any potential homeowner would. You’ll also want to visit the USDA’s website and speak with one of our loan officers to confirm your location and income eligibility to participate in the program. From there, our expert Flagstar loan advisors will consider your personal and financial needs when designing the perfect USDA mortgage solution to finance your new home. See how we can help with competitive USDA loan interest rates and an easy application process.
For more information on home loans, visit our Mortgage Information Center.
You may also be interested in:
Programs for qualified borrowers. All borrowers are subject to credit approval, underwriting approval and product requirements, including: loan to value, credit score limits and other lender terms and conditions. Fees and charges may vary by state and are subject to change without notice. Some restrictions may apply. Not a commitment to lend.
Available on primary residence only
Purchase or rate/term refinance for a 1-Unit primary residence only. Property must be in an area designated as rural by Rural Development. Income limits apply. Homebuyer education may be required. Not available in the District of Columbia or Puerto Rico.