USDA Loan Options*

What Is a USDA Loan?

USDA loans are government-backed mortgage programs designed to help eligible homebuyers purchase a home in qualifying rural and suburban areas. These loans may offer up to 100% financing for borrowers who meet USDA income, property, and program requirements.

Why Consider a USDA Loan?

• No Down Payment Required. Eligible borrowers may qualify for up to 100% financing, which can reduce upfront home purchase costs.
• Flexible Financing Options. USDA loans are designed to help eligible borrowers finance a home purchase in qualifying areas.
• Program-Specific Eligibility Requirements. Income, credit, property, and occupancy requirements are established by USDA program guidelines.
• Potentially Lower Out-of-Pocket Costs. Seller contributions may be used toward eligible closing costs, subject to program requirements and transaction terms.

USDA Eligibility Guidelines

USDA loans have specific requirements* designed to support eligible homebuyers and communities.

• Property Location: The home must be located in an eligible USDA-designated rural or suburban area.
• Income Requirements: Household income must fall within USDA program limits for the property location.
• Primary Residence: The property must be a single-family, owner-occupied home and serve as the borrower's primary residence.
• Credit and Debt Requirements: Borrowers must meet USDA credit, income, and debt-to-income requirements as part of the loan review process.

*Eligibility requirements are subject to USDA program guidelines and individual loan review.

Is a USDA Loan Right for You?

Every homebuyer's situation is different. An Orrstown Bank Mortgage Officer can help you explore available mortgage options, review eligibility requirements, and discuss financing solutions that align with your homeownership goals.