Looking to buy a home outside of the city? A USDA Rural Development Loan could be your key to homeownership with no down payment required. Backed by the U.S. Department of Agriculture, these loans are designed to help low-to-moderate income households purchase homes in eligible rural and suburban areas.
Sovereign Bank offers USDA loans with fixed rates, flexible credit requirements, and zero down, making it one of the most affordable options for qualified buyers.
Key Benefits:
- No down payment required
- Reduced mortgage insurance costs
- Competitive fixed interest rates
- Flexible credit and income guidelines
- Available in USDA-designated rural and suburban areas
We’ll help you determine if the home you want qualifies for USDA financing and walk you through every step of the process with local support.
Discover Affordable Paths to Homeownership.
See if a USDA Rural Development Loan is the right fit for your next home.