Geneva Financial, LLC. now offers in-house USDA home loans, allowing for superior customer service, and quicker turn times.

What is a USDA Loan?

USDA loans are mortgages backed the U.S. Department of Agriculture as part of its USDA Rural Development Guaranteed Housing Loan program. USDA homes offer lending to properties residing in a rural area.


  • No down payment required
  • Available for purchase or refinance*
  • Gift funds allowed
  • Eligible closing costs may be financed**
  • Up to 6% seller-paid closing costs
  • Flexible qualifying criteria 

*must be supported by appraisal value

Who is a USDA loan for?

USDA Rural Housing loans are available to qualified low-to-moderate income homebuyers purchasing a home in a designated rural area.

What are the requirements for a USDA Loan?

  • U.S. citizenship or permanent residency
  • Ability to prove creditworthiness, typically with a credit score of at least 620
  • Stable and dependable income
  • A willingness to repay the mortgage – generally 12 months of no late payments or collections
  • Adjusted household income is equal to or less than 115% of the area median income
  • Property serves as the primary residence and is located in a qualified rural area