USDA Loan Comparisons

USDA Home Loan Comparison USDA-640 USDA-620 FHA-640 FHA-580 FHA-500 VA CONV. CONV. CONV.
Loan Parameters:
Credit Score 640 and up 620-639 640 and up 580 -639 500 – 579 620 and up 680 and up 620-679 600-619
30 Year Loan Term
15 Year Loan Term
Minimum Down Payment Requirement ZERO ZERO 3.50% 3.50% 10% ZERO 3%+ 5%+ 20%+
Upfront Insurance/Guarantee Fee/Funding Fee 2% 2% 1.75% 1.75% 1.75% 2.150% NONE NONE NONE
Mortgage Insurance Rate* 0.40% 0.40% 1.25% 1.25% 1.15% 1.15%+ 1.25%+ NONE
Non-Occupant Co-signer allowed
Minimum Loan Amount 50k 50k 50K 50k 50k 50k 50k 50k 50k
Maximum Debt Ratio 50% 41% 55% 50% 43% 50% 45% 45% 45%
Maximum Seller Concessions 6% 6% 6% 6% 6% 6% 3% 3% 6%
Annual Household Income Cap
Loan Amount Cap
Property Location Limited to Certain Areas
Note: Mortgage insurance rates on conventional loan programs are based upon credit scores whereas with the government loan programs the mortgage insurance is the same for every borrower and does not discriminate against a borrower’s credit score. Actual mortgage insurance rates may vary upon underwriting approval for non-government loan programs. Mortgage insurance is not required on VA Home Loans or Conventional Home Loans with 20% or larger down payments.

About Us was established with one in mind - To make the public aware of the benefits and advantages of the USDA Home Loan Program. is recognized as serving potential homeowners interested in purchasing a home with $0 down payment , 100% mortage financing. is brought to you by infinite Lending Solutions, Inc. is not affiliated with any government agency, including the USDA.
We provide consumers with helpful information regarding the USDA Home Loan Program.
This site is designed to educate consumers and bring consumers together with licensed USDA Mortage Loan Specialists.