: There is technically no minimum credit score set by the USDA, though private lenders for guaranteed loans often require a score of 640 or higher .

: Offers a 50% discount on the list price of homes in designated revitalization areas for teachers who commit to living there for three years.

: Must be a modest, safe, and sanitary primary residence. Some lenders may restrict homes with in-ground swimming pools or those larger than 2,000 square feet. Complementary Programs for Teachers

: Requires a 1% upfront guarantee fee and a 0.35% annual fee , both of which can typically be rolled into the loan. Structure : Typically a 30-year fixed-rate mortgage. Single Family Housing Direct Home Loans

: Teachers changing school districts can still qualify if they have a signed contract and a verified one-year employment history.

: Terms are typically 33 years , extending to 38 years for those with very low incomes to ensure affordability. Eligibility and Requirements

Usda Home Buying Loan Programs For Teachers -

: There is technically no minimum credit score set by the USDA, though private lenders for guaranteed loans often require a score of 640 or higher .

: Offers a 50% discount on the list price of homes in designated revitalization areas for teachers who commit to living there for three years.

: Must be a modest, safe, and sanitary primary residence. Some lenders may restrict homes with in-ground swimming pools or those larger than 2,000 square feet. Complementary Programs for Teachers

: Requires a 1% upfront guarantee fee and a 0.35% annual fee , both of which can typically be rolled into the loan. Structure : Typically a 30-year fixed-rate mortgage. Single Family Housing Direct Home Loans

: Teachers changing school districts can still qualify if they have a signed contract and a verified one-year employment history.

: Terms are typically 33 years , extending to 38 years for those with very low incomes to ensure affordability. Eligibility and Requirements