--- title: USDA Loan | Indy Mortgage Team description: With a USDA loan, you may qualify for up to 100% financing. Sound too good to be true? It's not! --- ## USDA Home Loans ### Looking for a quieter life in a more rural setting? The USDA home loan program may be just what you are looking for. [ Get Started Now ](https://imt.mortgageexpressapp.com/dr/c/vz5ax) ![Happy family with a USDA home loan](https://www.indymortgage.com/hubfs/Happy%20family%20with%20a%20USDA%20home%20loan.png "Happy family with a USDA home loan") ## Why use a USDA home loan? ![Lower down payment](https://www.indymortgage.com/hubfs/Faster%20Loan%20Process%20(4).png "Lower down payment") ## No down payment.  ### Qualified borrowers with a USDA loan may receive up to 100% financing. That means you may not need any down payment for your future home.  ![flexible credit guidelines ](https://www.indymortgage.com/hubfs/Faster%20Loan%20Process%20(1).png "flexible credit guidelines ") ## Flexible credit guidelines. ### If you’re in the process of rebuilding your credit score, you’re in luck! This loan program has flexible credit guidelines for credit score and history.   ![Covered closing costs](https://www.indymortgage.com/hubfs/Faster%20Loan%20Process%20(5).png "Covered closing costs") ## Lower monthly PMI.  ### This loan program provides lower monthly Private Mortgage Insurance, known as PMI.  ![Faster Loan Process (7)](https://www.indymortgage.com/hubfs/Faster%20Loan%20Process%20(7).png "Faster Loan Process (7)") ## Flexible income requirements.  ### The median income requirement for a household with a USDA loan is flexible, typically making it easier to qualify for this program.   ## Steps to a USDA loan. Step 1: Apply for pre-approval!  This lets you know the estimate loan amount you’ll be eligible for and gets the ball rolling on your homebuying process.  Step 2: Talk to our team We're with you every step of the way! Together, we'll assess your situation, connect you with the right loan program, and walk you through the entire process. Step 3: Close on your loan The closing process may seem like a long way away, but together we'll get there! And, after you've signed your paperwork, you'll have the keys to your new home.  ![Indy Mortgage Team Mortgage Express App](https://www.indymortgage.com/hs-fs/hubfs/Indy%20Mortgage%20Team%20(1).png?width=265&height=400&name=Indy%20Mortgage%20Team%20(1).png "Indy Mortgage Team Mortgage Express App") ## Have a question? Send us a message. Contact us using the form below and one of our mortgage consultants will respond to you shortly. ## Frequently asked USDA questions. ##### How much do I need for a USDA loan down payment in Indianapolis? Depending on your situation, you may qualify for up to 100% financing, meaning you won't need anything for your down payment. ##### Are there USDA loan limits? USDA loan limits are based on where the purchase property is located. To learn more about the limits in the greater Indianapolis area or anywhere in Indiana, talk to us!  ##### Do I have to pay mortgage insurance with a USDA loan? This depends on your down payment.   If you're able to access 100% financing, then you'll be required to pay PMI. ##### How do I start the USDA loan process in Indianapolis? Start by applying for pre-approval with us today!  ## Ready to start your USDA loan application? [ Get Started Now ](https://imt.mortgageexpressapp.com/dr/c/vz5ax)