this post was submitted on 06 Jun 2026
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me_irl
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I agree. But I do wish more people knew about USDA loans in the US, it was the only way I could initially buy my home because it means you can put any amount down, even 0% if you so desire. It allowed me to lock in a low rate (3.2%) in 2021.
The catch is that you must not be in an incorporated city or town, and income limits apply (based on your area's COL).
There's also FHA loans for those with not great credit, and VA loans for veterans. VA loans also allow 0% down
That's a pretty big catch. Or 2 catches, as it would seem to be.
It is viable for many, but it's not a generally-applicable solution.
Sure, but more options are better, and there's tons of non incorporated areas. I'm 45 minutes away from Seattle and in one, for example.
Here's the eligibility map: https://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=sfp