USDA Loans
Looking to buy a home in rural Nebraska? Discover the benefits of USDA Home Loans, including no down payment, low-interest rates, and affordable monthly payments.
USDA Home Loans in Nebraska: Zero Down Payment & Low Rates
USDA Home Loans are an excellent option for homebuyers seeking affordable financing with no down payment. This government-backed program is designed to help low-to-moderate-income borrowers purchase homes in eligible rural areas. However, USDA loans are not available in all communities. In Nebraska, cities with populations exceeding 20,000 typically do not qualify. To check eligibility for a specific property, visit the USDA Property Eligibility Map.
Benefits of a USDA Home Loan
No Down Payment – Finance 100% of the home’s purchase price.
Low-Interest Rates – Enjoy competitive rates compared to conventional loans.
Affordable Monthly Payments – Lower mortgage insurance costs than FHA loans.
Flexible Credit Guidelines – Nontraditional credit may be considered.
Closing Costs Can Be Financed – In some cases, you can roll closing costs into the loan.
No Reserve Requirements – Unlike other loan programs, no cash reserves are needed.
Seller Contributions Allowed – Up to 6% of the purchase price can be covered by the seller.
Generous Loan Limits – Borrow up to 100% of the appraised value.
Who Qualifies for a USDA Loan?
To be eligible for a USDA loan, you must meet certain requirements:
Location: The home must be in a USDA-designated rural area.
Income Limits: Your household income must fall within USDA’s guidelines, which vary by location. Visit the USDA Income Eligibility Tool to check limits.
Primary Residence: USDA loans are for owner-occupied properties only.
Creditworthiness: While flexible, a steady income and a good credit history improve approval chances.
Why Choose Us for Your USDA Home Loan?
As experienced mortgage professionals, we specialize in USDA loans and can guide you through the process with ease. We’ll help you determine eligibility, secure a competitive rate, and navigate every step toward homeownership.
If you’re ready to explore the benefits of a USDA Home Loan, contact us today! We’re here to answer your questions and help you achieve your homeownership goals.
Lincoln, NE
Omaha, NE
Nebraska
For residents of Lincoln, NE, USDA Home Loans offer a great opportunity to secure home financing in the surrounding rural and suburban areas. While Lincoln itself is not eligible for USDA loans due to its population size, many nearby towns and communities qualify. This means you can take advantage of USDA benefits such as no down payment, low-interest rates, and competitive monthly payments, even if you live just outside the city. With the ability to finance closing costs and receive contributions from the seller, USDA loans are a helpful tool for prospective homeowners in the greater Lincoln area looking to achieve homeownership with minimal upfront costs.
In Omaha, NE, USDA Home Loans are not available within the city limits but remain a strong option for residents of the surrounding rural and suburban communities. If you’re looking to buy a home in smaller towns and eligible areas near Omaha, you can benefit from a USDA loan’s no down payment requirement, low-interest rates, and low monthly guarantee fees. USDA loans also allow for up to 6% in seller contributions and the financing of closing costs, making them an excellent choice for homebuyers in the Omaha area seeking affordable homeownership options outside the city.
For residents of Nebraska, USDA Home Loans provide an excellent opportunity to purchase a home with minimal financial barriers. Available in eligible rural and suburban areas throughout the state, USDA loans offer several advantages, including no down payment requirement, low-interest rates, and competitive monthly payments. The program also allows for the financing of closing costs and offers a low monthly guarantee fee, helping reduce the upfront expenses typically associated with buying a home. With up to 6% in seller contributions and the possibility of using nontraditional credit, USDA loans are an ideal solution for many Nebraska residents, particularly those in rural or less populated areas, seeking affordable homeownership options.
USDA Loans
No Down Payment
Finance 100% of the home’s purchase price.
Low-Interest Rates
Enjoy competitive rates compared to conventional loans.
Closing Costs Can Be Financed
In some cases, you can roll closing costs into the loan.
Discover Tailored Solutions For Your Home
At Capital City Mortgage, we understand that every financial journey is unique. Our expert team is committed to providing personalized guidance that aligns with your specific needs. From competitive rates to customized plans, we are here to empower you with the knowledge and resources to make informed decisions. Start your path to homeownership today and experience the difference of a mortgage designed just for you.