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The USDA loan has great features for customers looking to purchase or refinance a home in a rural area.

The USDA Loan

USDA loans are zero-down-payment mortgages for rural and suburban homebuyers.


No down payment

Low mortgage insurance

for rural areas only


Loan Limits

$265,400 – $392,800

The limits of the USDA loan differ between county, but are typically within a similar range.

Loan to Value

UP TO 100%

The USDA loan can finance 100% of your loan, meaning a down payment is not required.

Credit Score

640 or higher

The minimum credit score to qualify for the USDA loan is 640, which is lower than the national average.


Fixed: 30

USDA loans are limited to a 30 year fixed mortgage, but that doesn’t mean you can’t make extra payments to pay it off quicker.

Mortgage Insurance


The monthly mortgage insurance premium is currently 0.35% of your loan amount financed into your monthly payment.

Funding Fee


The one-time upfront guarantee fee, which is also referred to as the USDA funding fee, is paid at closing and typically financed into the loan.

Additional Details

Jumbo loans are different from conforming loans, as they do not follow Fannie Mae and Freddie Mac guidelines. They are portfolio products and we have multiple investors that offer jumbo options for any situation.



10151 SE Sunnyside Rd #220
Clackamas, OR 97015

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© Copyright 2021 Root Mortgage is a division of Root Executives, LLC NMLS 1830982 Oregon License # ML-5796 Washington License # CL-1830982. All information contained herein is for informational purposes only and, while every effort has been made to ensure accuracy, no guarantee is expressed or implied. Any programs shown do not demonstrate all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions apply. Equal Housing Opportunity.

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