3. USDA Loan

If you find yourself self-working as well as have usually wanted living in the world otherwise a comparatively rural city, good USDA loan could be the home loan which works for you. The brand new USDA loan program brings mortgages having no percent down on property during the appointed parts. Two types of USDA money appear: direct financing, which come from the comfort of the USDA, and you may protected finance, which can be created by a private financial. The secured financing program is actually backed by this new You.S.