USDA Loans for Southwest Virginia

A USDA loan is a mortgage backed by the U.S. Department of Agriculture that may allow eligible buyers in designated rural and suburban areas to finance a home with no down payment required. Eligibility depends on the property's location and your household income.

Many areas of Pulaski County and the surrounding New River Valley qualify for USDA financing, and FHA loans are available throughout Virginia. Eligibility depends on the specific property and your individual situation, so it's worth checking your address and options together.

Yes. USDA loans have household income limits that vary by county and household size. Many households in Dublin, Pulaski County, and the surrounding New River Valley may still qualify, since USDA limits are often higher than people expect. HomeLoanist LLC can help check your household against current limits.

USDA loans don't require traditional private mortgage insurance, but they typically include an upfront guarantee fee and a small annual fee, which may be lower than PMI on a conventional loan with little down. Program fees are set by USDA and subject to change.