Skip the down payment

Eligible buyers can get 100% financing in qualified rural and suburban areas with a USDA loan.1

Prequalify

Key benefits of a USDA loan

  • a blue circle with a dollar sign

    Zero down¹

    Buy with no cash up front.

  • Competitive terms

    Interest rates are not based on your credit score or down payment.

  • a blue arrow pointing down

    Flexible guidelines

    Qualify even with imperfect credit.

  • a blue arrow pointing down and a coin

    Lower PMI

    Pay for private mortgage insurance (PMI) at a reduced rate.

  • a puzzle piece with a black background

    Financial repairs

    Cover basic home improvements in your loan.

  • a blue paper money with a blue arrow pointing down

    Based on your budget

    Your income and debt determine the loan amount.

View today's rates

Find competitive rates to help your money work harder.

USDA Mortgage As low as*

Apply Now
6.06 %

APR*

Get local guidance

Talk to Accordia Mortgage’s loan experts in Utah about USDA eligibility.


Compare your loan options


FeatureUSDA loan2
FHA loan3
Conventional loan4
Down Payment$0
Access your home’s equity as cash
3-5%
Location requirementsEligible areas only
Higher than your current balance
None
Income limitsHousehold income caps apply
Pays off your old loan and gives you the extra cash
None
Mortgage insuranceReduced rate 
Home improvements, debt payoff, or investments
Can remove at 20% equity
Minimum credit score640
850
Typically 620+

Disclosures

All loans subject to qualification. Terms, conditions, and restrictions apply. Contact us for details.

1 All loans are subject to qualification. Terms, conditions, and restrictions apply. Final eligibility depends on verified household income, household size, and USDA program guidelines. Taxes and insurance not included, actual payments will be higher. Loan is subject to credit approval.

2 A $300,000 USDA loan with 0% down payment and a loan amount of $300,000 at 0% APR for a 30-year term would require 360 monthly principal and interest payments of $833.33. Taxes and insurance not included. Subject to credit approval.

3 A $300,000 FHA loan with 3.50% down payment and a loan amount of $289,500 at 6.54% APR for a 30-year term would require 360 monthly principal and interest payments of $1,838.44. Taxes and insurance not included. Subject to credit approval.

4 A $300,000 conventional loan with 5.00% down payment and a loan amount of $285,000 at 6.50% APR for a 30-year term would require 360 monthly principal and interest payments of $1,808.90. Taxes and insurance not included. Subject to credit approval.