Loan Programs
USDA Loans
100% financing for eligible rural and suburban properties — including many communities in Santa Rosa County just outside Pensacola.
Why USDA
Key Benefits
$0 Down Payment
USDA loans offer 100% financing with no down payment required — making homeownership possible for rural and suburban buyers who haven't saved a large down payment.
Below-Market Interest Rates
USDA loans are government-backed, which allows lenders to offer competitive rates that are often comparable to or better than conventional loan rates.
Low Mortgage Insurance
USDA annual mortgage insurance is just 0.35% of the loan balance — significantly lower than FHA's 0.55%–1.05% MIP, saving you money every month.
Eligible Areas Near Pensacola
Many communities in Santa Rosa County — including Pace, Milton, Jay, and parts of Navarre — are USDA-eligible. We'll verify your property's eligibility at no cost.
Flexible Credit Requirements
USDA loans typically require a 640+ credit score for automated approval, but manual underwriting may be available for scores below 640 with compensating factors.
Seller Concessions Allowed
Sellers can contribute up to 6% of the purchase price toward closing costs, potentially allowing you to close with little to no money out of pocket.
Local Eligibility
USDA-Eligible Areas Near Pensacola
Many communities outside Pensacola city limits qualify. We'll verify your specific address at no cost.
Qualification
USDA Requirements
Check Your Eligibility Today
We'll verify your property and income eligibility for free. Many Pensacola-area buyers are surprised to find they qualify. NMLS #103035.