Welcome to USDA Mortgage Source

Welcome to the USDA Mortgage Source, Florida's primary and local USDA loan resource. USDA Mortgage Source specializes in 100% USDA / Rural Development home loans for first time home buyers and current homeowners in Florida. The USDA loan program is a government mortgage program that is backed by the United States Department of Agriculture and provides a number of homeownership opportunities with no down payment needed. The government backed USDA mortgage program is one of the last remaining programs that still allow home buyers to purchase a home with NO MONEY DOWN. That’s right, it is still possible to purchase a home in Florida without a down payment!  Regardless of your mortgage knowledge, the USDA Mortgage Source will be more than happy to assist you. We take the time to answer all your questions and educated you on the advantages of 100% USDA home loans here in Florida. If you are looking for information on government mortgage options here in Florida, you have come to the right spot!

So what exactly is a USDA home loan?

The USDA home loan is a government insured loan program for families in qualifying rural areas of the United States. Many locations around Florida are USDA eligible, you would be surprised. Even the surrounding communities around major cities like Jacksonville, Orlando and Tampa have many USDA eligible areas. The goal of the USDA loan program is to help our Florida rural communities expand by making homes more affordable by limited down payment and credit requirements.

Listed below are just a few benefits of a USDA mortgage.

• USDA Loans require NO money down – up to 102% financing.
• Reduced monthly mortgage insurance costs (PMI) when compared to other loan options.
• Closing costs can often be included or rolled into the loan. Closing costs can also be paid by the seller.
• There is NO maximum loan amount.
• You do NOT need assets to qualify.
• Qualifying for a USDA loan with lower credit scores is possible. *Current min required credit score is 640*
• USDA Mortgages are secure 30-year fixed terms at low market interest rates.
• USDA Loans are for ANY new & existing single family residence located in a USDA eligible area. Home being purchased can be a regular sale, short sale, foreclosure home, etc.

Please click the USDA benefits link above to learn more about this wonderful government home loan.

USDA 100% financing, historic low interest rates and affordable property values make this a wonderful time to purchase your new home.

We would be happy to answer your questions about the USDA qualification requirements and assist you with your USDA home loan pre-approval. To expedite your request, please fill out the short information request form (located on the right side of your screen) and a USDA Mortgage Specialist will contact you today. You can also call us 7 days a week/ 9am-8pm at 904.302.6060. Please also take a moment to visit our USDA mortgage blog for the latest 100% USDA mortgage information and common Q&A. See why USDA Mortgage Source is Florida's leading resource for all Government home loans.

Are you looking for a home loan in a more populated (non rural) area of Florida? We have you covered, please click to learn more about the Government backed FHA Home Loan! You can also click here to learn about all the other Florida mortgage options available.