A USDA loan is a zero-down-payment mortgage backed by the U.S. Department of Agriculture. It is designed to help low-to-moderate income buyers purchase homes in eligible rural and suburban areas. USDA loans offer competitive interest rates and reduced mortgage insurance costs.

Do I have to buy a farm to get a USDA loan?

No! Despite the name, USDA loans are not just for farms. They are available for single-family homes in eligible rural and suburban areas. Many areas just outside major cities qualify, including parts of Spokane County, Yakima County, and other Washington communities.

What are the income limits for USDA loans?

USDA loans have income limits based on your area and household size. Generally, your household income cannot exceed 115% of the area median income. For a family of 4 in most Washington counties, this is approximately $103,500-$120,000 depending on location.

Is there really no down payment required?

Yes! USDA loans offer 100% financing, meaning no down payment is required. This makes homeownership accessible for buyers who have good credit and stable income but have not saved a large down payment. You will still need funds for closing costs.

What is the USDA guarantee fee?

USDA loans have a guarantee fee instead of traditional mortgage insurance. There is a 1% upfront fee (which can be financed into the loan) and an annual fee of 0.35% of the loan balance. This is significantly lower than FHA mortgage insurance.

How do I know if a property is USDA eligible?

You can check property eligibility on the USDA website or ask us to verify. Generally, properties must be in areas with populations under 35,000. Many suburban areas around Spokane, Yakima, Tri-Cities, and Vancouver qualify.

USDA Loans | 100% Financing for Rural Homes

What is USDA?

USDA loans are backed by the U.S. Department of Agriculture and offer 100% financing — no down payment required — for eligible properties in rural and some suburban areas. Many communities you might not expect qualify, including Cheney, Airway Heights, Medical Lake, Deer Park, Colbert, and Mead in the Spokane region. USDA loans are designed to help income-qualified buyers achieve homeownership in less densely populated areas. Contact Q Home Loans to check eligibility for your desired location.

Why Choose USDA Loans?

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Zero Down Payment

True 100% financing — one of only two loan types (along with VA) that lets you buy with nothing down.

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Lower Mortgage Insurance

USDA guarantee fees are typically lower than FHA mortgage insurance premiums, keeping your monthly payment more affordable.

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Spokane-Area Eligible

Cheney, Airway Heights, Medical Lake, Deer Park, Colbert, Mead, and other Spokane County communities qualify. Ask us to check your area.

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Seller Can Pay Closing Costs

USDA allows the seller to contribute toward your closing costs — potentially making your out-of-pocket expense close to zero.

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No Loan Amount Cap

USDA doesn't set a maximum loan amount. Your borrowing power is based on your income, debts, and the property's appraised value.

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Competitive Fixed Rates

USDA loans offer competitive 30-year fixed rates backed by the federal government — stable payments for the life of your loan.

USDA Loans Requirements

Basic Qualifications

Location: Property must be in USDA-eligible rural or suburban area
Income Limits: Household income must not exceed area limits (typically 115% of median)
Credit Score: Contact Q Home Loans for details
Occupancy: Must be primary residence
Citizenship: U.S. citizen, non-citizen national, or qualified alien

Required Documents

Pay stubs (last 30 days)
W-2 forms (last 2 years)
Tax returns (last 2 years)
Bank statements (last 2 months)
Proof of all household income
Property address for eligibility verification

How It Works

USDA loans are guaranteed by the U.S. Department of Agriculture to encourage homeownership in less densely populated areas. You'll pay an upfront guarantee fee of 1% of the loan amount (can be financed) plus an annual fee of 0.35% divided into monthly payments. Income limits vary by location and household size—for example, a family of four in many Washington counties can earn up to $103,500 and still qualify. Use the USDA eligibility map to check if your desired property location qualifies.

Who Should Consider USDA Loans?

First-Time Homebuyers

Limited savings but steady income, looking in suburban or rural areas

Growing Families

Want more space and land outside of expensive urban centers

Remote Workers

Can work from anywhere and prefer quieter, less expensive communities

Moderate-Income Earners

Earn too much for some assistance programs but still need help with down payment