A USDA Loan is a mortgage loan that is insured by the US Department of Agriculture and available to qualified individuals who are purchasing or refinancing their home loan in an area that is not considered a major metropolitan area by USDA.
100% Financing - you can buy a home with no money down. In some cases you can even finance your closing costs.
Generally these loans are available to anyone who meets minimum credit guidelines and local area income requirements and is purchasing a home or refinancing their home in an area that is not considered a major metropolitan area by USDA.
They are just for farmers - USDA Loans are not "just for farmers," millions of people from all walks of life already qualify.