Why a USDA loan?

  • No down payment
  • Finance 100% of your home
  • No mortgage insurance
  • No maximum amount
  • Minimal assets needed to qualify
  • Flexible credit guidelines
  • Competitive fixed interest rates so payments do not increase

USDA loans are for both new and existing properties.

See what our clients are saying about us!

Treated me like family.
The loan officer at Mortgage Banking Associates was very professional, but still maintained that 'personal touch.' He advised me every step of the way. I am new to this process and Mark answered all of my questions in a way I could understand. Mark's communication style and attention to detail really speeded the process along. I am used to really cold business people. Mark is really such an exception in today's workplace.

Joan and Chuck Guthrie
Tampa Bay, FL


USDA Home Mortgage Loans

Again, it's all about the American dream which is slipping away and in these tough times, you need a loan that will provide 100% support. You don't have to save for a large down payment, we can help you. USDA home mortgage loan programs are truly no down-payment loans. You can afford a home sooner than you think. This is a home loan based on your monthly payment rather than your down payment. It is completely insured by the US government, and thousands of families in Marion County, Polk County, Manatee County, and throughout Florida.

A USDA home mortgage loan is not only for farmers, it's a home loan with no money down, no mortgage insurance, and is designed for suburban communities. It's simply a government-insured loan program directed to families in qualified rural areas in the US. It might surprise you how many areas of the US qualify for these no money-down, no mortgage-insurance home loans. The goal of this USDA rural home loan program is to help our nation's smaller, rural communities thrive by making land and property more affordable. For starters, USDA is the only rural home loan program offered to the general public that allows you to finance 100% of your home loan value. That means no down payment of any kind is required. In addition, there is no monthly mortgage insurance with a USDA guaranteed loan. This means more money can go to pay your mortgage every month. USDA rural home loans are made even more affordable through their very competitive fixed rates, ensuring that your payments will not increase every month.

USDA Rural Home Loan Eligibility


How do I qualify?

There are only a few requirements you have to meet to be eligible for USDA loans. The home must be located in a USDA rural area. Ask your Mortgage Banking Associates loan expert about the area in which you live. If the home is in a USDA area, you must not exceed the yearly income set for that area. The final requirement is an evaluation of your credit history. The USDA evaluates your credit history in an effort to ascertain your willingness to meet repayment obligation.


How do I get started?

Mortgage Banking Associates is a qualified USDA rural home lender and our experts can let you know if you qualify fast and easy for free with no obligation.


We've helped thousands of families in Marion County, Polk County, Manatee County, and throughout Florida realize their dreams of owning a home. Call us today at 1-800-605-1899 and let us help you get into the home of your dreams!