Loan TypesHomebuying Glossary
USDA Loan
Also known as Rural Development Loan
A zero-down mortgage for eligible buyers purchasing in designated rural and suburban areas.
In plain English
USDA loans are backed by the U.S. Department of Agriculture for homes in eligible rural and some suburban areas, for buyers within certain income limits. They allow 0% down and typically have competitive rates.
Why it matters
Many areas that feel suburban rather than rural still qualify — it's worth checking the USDA eligibility map for any property you're considering.
Where you'll run into it
Guides and tools on TheBuyingPath that cover usda loan in context.
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