A USDA Loan for Life Outside the City.
In eligible rural and suburban areas, USDA financing is available to qualified buyers within household income limits.*
Homeownership beyond the city.
If the address qualifies, the rest gets simpler.
- Standard documentation: income, assets, and credit
- Low-down-payment options for qualified buyers*
- First-time and repeat buyers welcome
- Purchase or refinance owner-occupied primary homes in eligible areas*
- Purchase and rate and term refinance, with low-down-payment options*
- Rural housing financing carries an annual guarantee fee rather than cancellable mortgage insurance*
Rural housing financing in eligible areas*
Buy or refinance without cash out
Owner-occupied primary residence in an eligible area
Standard documentation: income, assets, and credit
Rural housing financing on an eligible property*
Fixed rate financing
What is the Saxton USDA Loan?
A USDA-guaranteed home loan from the U.S. Department of Agriculture
The Saxton USDA Loan is a full-featured mortgage that is guaranteed by the U.S. Department of Agriculture to support homeownership in eligible rural and suburban areas.
Qualify with standard documentation: income, assets, and credit reviewed the usual way.
Use it to buy or refinance an owner-occupied primary home in an eligible rural area.*
Why choose the Saxton USDA Loan?
Built for buyers in eligible rural areas.
First-Time Buyers
Low-down-payment options make buying your first home more attainable.*
Moderate-Income Households
Designed around area household income limits to support eligible buyers.
Move-Up & Repeat Buyers
Buy your next home in an eligible rural area.
Rate And Term Refinance
Refinance an existing USDA loan to improve the rate and the payment.
Rural Housing Financing
Many buyers in eligible areas can purchase with less cash than other programs require, subject to USDA guidelines.*
Fixed Rate Only
USDA financing is fixed rate, so the payment does not move.
Hear From Homeowners Like You
Frequently Asked Questions
The questions we get asked most about the USDA Rural Home Loan.
USDA is based on the property’s location and your household income rather than a set loan limit. We can check your address.
Yes. USDA is a great fit for first-time buyers in eligible areas who fall within the household income limits.*
You can use it to purchase a home, or to refinance an existing mortgage on a rate and term basis. USDA financing does not permit cash-out refinancing.
USDA offers flexible credit guidelines; your options depend on your full profile and area eligibility.
Less than most programs ask for, though never nothing. Closing costs, prepaid taxes and insurance, and escrow items still have to be covered, and some of those can be met through seller concessions or financed where USDA allows it. Your loan officer can give you a working figure once the property and the offer are known.*
Yes. This program is fixed rate, so the payment does not move.
No. USDA financing does not allow cash-out refinancing. It covers purchases and rate and term refinances in eligible rural areas.*
Find out what you qualify for
Whether you’re buying or refinancing, there’s likely a Saxton USDA Loan program that fits. Get a fast, no-obligation pre-qualification today.
Get Pre-Qualified*Loan amounts, rates, terms, and down payment requirements are subject to credit approval, income and asset verification, and program eligibility. USDA property and income eligibility are set by the U.S. Department of Agriculture. Down payment and cash-out limits vary by occupancy, credit score, and documentation type. Not all applicants will qualify. Saxton Mortgage, LLC is an Equal Housing Lender.