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USDA Loans in Commerce
What's the monthly payment on a USDA loan in Commerce?
At 5.99% interest on a $200,000 purchase with zero down, your monthly P&I payment is $1,198. Add property taxes, insurance, and HOA fees if applicable. Rates vary by borrower profile and market conditions.
01
Commerce sits in Los Angeles County where the median home price is $702,337. At a 5.99% interest rate, a $200,000 purchase carries a monthly payment of $1,198 for principal and interest alone.
School funding concerns have drawn recent attention in the county. Despite these challenges, Commerce remains accessible to buyers seeking zero-down financing in USDA-eligible areas.
5.99%
Interest Rate
$1,198
Monthly P&I Payment
$200,000
Loan Amount
$0 (zero down)
Down Payment Required
740
Qualifying FICO
02
USDA loans require a maximum 29 percent housing debt-to-income ratio for a primary residence. Your housing costs cannot exceed 29 percent of gross monthly income.
You also face a maximum 41 percent total debt-to-income ratio for a primary residence. This includes all debts — mortgage, car loans, credit cards, student loans.
USDA financing is zero-down in eligible rural areas, subject to income limits set per household size for Los Angeles County. The program uses actual W-2 income and tax returns to qualify.
Local decision guide
Use this guide to connect usda loans eligibility, lender expectations, and local market factors before comparing payment options in Commerce.
Commerce sits in Los Angeles County where the median home price is $702,337. At a 5.99% interest rate, a $200,000 purchase carries a monthly payment of $1,198 for principal and interest alone.
School funding concerns have drawn recent attention in the county. Despite these challenges, Commerce remains accessible to buyers seeking zero-down financing in USDA-eligible areas.
USDA loans require a maximum 29 percent housing debt-to-income ratio for a primary residence. Your housing costs cannot exceed 29 percent of gross monthly income.
Rate check
Tell us the price range, down payment and credit range you are working with. We compare every lender we work with and show you the options side by side.
03
USDA loans are available through brokers and retail lenders, though broker networks often access more wholesale partners. SRK CAPITAL shops USDA loans across its wholesale lender network to find the best fit.
Underwriting focuses on income stability and debt history. Lenders verify employment, review tax returns, and confirm the property sits in a USDA-eligible area. SRK CAPITAL typically closes USDA loans in 17 to 21 days.
04
USDA 30-year fixed makes strong sense in Commerce for buyers with stable W-2 income and manageable debt. The zero-down structure opens homeownership when savings are limited.
The income-limit cap is the real gate. If your household income exceeds USDA's published cap for Los Angeles County, scaled by household size, this program closes. Call to confirm your household qualifies before investing time in the application.
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FHA loans also run low rates but require mortgage insurance that never cancels if you put down less than 10 percent. USDA skips mortgage insurance entirely, making the true cost lower over time.
Conventional loans demand 3 to 5 percent down and carry PMI above 80 percent loan-to-value. USDA's zero-down structure and no-insurance model create real savings for qualified buyers.
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LA County placed LAUSD under heightened fiscal oversight due to concerns about the district's ability to meet future financial obligations. For families buying in Commerce, school funding stability matters when planning long-term homeownership.
Commerce's median price of $702,337 sits well below the Los Angeles County conforming limit of $1,249,125. That headroom means USDA financing remains available for most properties in the area.
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Commerce's active listing count stands at 14 homes as of late August. Price per square foot sits at $541, down from earlier in the year. USDA financing opens doors for qualified buyers in this tighter market.
Los Angeles County's median household income of $87,760 anchors USDA income limits here. Buyers earning within the USDA cap for their household size can access zero-down financing without mortgage insurance.
FAQ
At 5.99% interest on a $200,000 purchase with zero down, your monthly P&I payment is $1,198. Add property taxes, insurance, and HOA fees if applicable. Rates vary by borrower profile and market conditions.
No. USDA loans require zero down payment in eligible rural areas. You finance the full purchase price, which opens homeownership when savings are tight.
USDA caps household income at the area-specific threshold for this county, scaled by household size. Call SRK CAPITAL to confirm your household income qualifies before applying.
No. The property must sit in a USDA-eligible rural area. SRK CAPITAL verifies property eligibility before you proceed. Not all Commerce addresses qualify.
SRK CAPITAL closes USDA loans in 17 to 21 days on a standard timeline. Expedited files close in 10 days. Speed depends on document turnaround and appraisal timing.
Programs for first-time buyers that allow lower down payments and more forgiving credit and income rules.
Explore refinancing options to lower your rate, tap equity, or switch loan terms.
SRK CAPITAL in Los Angeles County
Our team of licensed mortgage brokers works Los Angeles County every week. Tell us where you are in the process and we will map out the loan, the timeline and the money you need at closing, with no obligation.
What working with us looks like
Licensed mortgage brokers
You talk with a broker, not a call center, from the first question to closing day.
17-21 day typical close
Most purchase loans close in 17-21 days once your paperwork is in.
Every county in California
We work across the state, including Los Angeles County, so local limits and rules are already familiar.
Financing solutions for rental properties, fix-and-flip projects, and real estate portfolios.
Mortgage programs with alternative income documentation for business owners and freelancers.
Traditional mortgage options meeting standard lending guidelines with various term structures.
Alternative lending programs for borrowers who need flexible documentation or unique loan structures.
Side-by-side comparisons to help you choose the right mortgage program.
This page is for educational purposes only and does not constitute financial, legal, or tax advice. Mortgage rates, terms, and program availability can change and vary by borrower and property. Consult a licensed mortgage professional for guidance on your scenario.