Question 1

Does my Berkeley property qualify for a USDA loan?

Accepted Answer

Most of Berkeley's urban core doesn't qualify because USDA requires rural-eligible properties. Neighborhoods near Oakland or the city edges may qualify. You must verify the exact address with USDA's eligibility map or call us to check.

Question 2

What's the monthly payment on a $200,000 USDA loan?

Accepted Answer

At 6.125% interest (APR 6.182%), the principal and interest payment is $1,215 monthly on a $200,000 loan with zero down. That's for a 30-year fixed, 740 FICO, primary residence, locked 30 days as of April 13, 2026.

Question 3

Do I need to put money down on a USDA loan?

Accepted Answer

No — USDA requires zero down payment. You pay a 1% upfront fee ($2,000 on a $200K loan) and 0.35% annually, but both roll into the loan. Nothing comes due at closing. That's the core advantage over conventional or FHA.

Question 4

What income do I need to qualify for USDA in Alameda County?

Accepted Answer

USDA caps borrowers at 115% of Alameda County's median household income, which is $145,176. If you earn above that, you don't qualify. Below that, income is not a barrier — credit and property eligibility matter more.

Question 5

How does USDA compare to FHA in Berkeley?

Accepted Answer

FHA runs lower rates but charges mortgage insurance for life if you put down less than 10%. USDA has zero mortgage insurance at any down payment.

USDA 30-Year Fixed in Berkeley: Zero-Down Financing for Eligible Rural Properties