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USDA Mortgage Loans

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What is a USDA Mortgage?

A USDA Loan is a mortgage loan that is insured by the US Department of Agriculture and available to qualified individuals who are purchasing or refinancing their home loan in an area that is not considered a major metropolitan area by USDA.


Loan Features

  • 100% financing on a fixed 30 year loan, based on the appraised value of the home
  • 2% guarantee fee may be included in financing
  • No down payment required
  • Competitive interest rates
  • Lender fees and closing costs (including prepaid funds) may be contributed by the seller or may be eligible to include in the loan, depending on the appraised value
  • Gifts or grants permitted from family, friends, and non-profit agencies
  • No post-closing reserves or minimum investment required



Finance Your Home with Wasatch Peaks

Have you been searching for a new home with more space to live and play? We're here to help you with low rates and great terms. Our mortgage specialists can help make your dream a reality!

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*Rates, fees, and Annual Percentage Rates (APRs) displayed are intended as mortgage market indicators only, are time-delayed, and may change without notice. The information provided assumes the purpose of the loan is to purchase a primary residence, single-family dwelling in Utah with a 20% down payment. The rate-lock period is 30 days and the assumed credit score is 740. Actual rates, fees, and APRs may vary based on these and other factors. There may be additional fees assessed by the investor that will increase the APR. NMLS#631141