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La Verne sits in Los Angeles County's USDA-eligible zone, where a $200,000 purchase at 6.125% runs $1,215 monthly for principal and interest. Zero-down USDA financing opens the door for buyers who'd otherwise need years to save a down payment.
The county's median household income of $87,760 qualifies most working families here for USDA loans. That income level stretches to cover La Verne's entry-level single-family homes without the burden of PMI or a large upfront cash requirement.
6.125%
Interest Rate
$1,215
Monthly P&I
$0
Down Payment
640
Min FICO
1%
Upfront Fee
30 days
Lock Period
USDA Loans in La Verne
USDA loans require a 640 FICO minimum, though 680+ gets better pricing. You put zero down on an eligible property. Income caps at 115% of the county median — roughly $101,000 for a family of four in Los Angeles County.
The county's $87,760 median household income means most La Verne buyers qualify comfortably. USDA focuses on debt-to-income ratio, not down payment size. Expect 41-50% DTI limits depending on your credit and reserves.
Local decision guide
Use this guide to connect usda loans eligibility, lender expectations, and local market factors before comparing payment options in La Verne.
La Verne sits in Los Angeles County's USDA-eligible zone, where a $200,000 purchase at 6.125% runs $1,215 monthly for principal and interest. Zero-down USDA financing opens the door for buyers who'd otherwise need years to save a down payment.
The county's median household income of $87,760 qualifies most working families here for USDA loans. That income level stretches to cover La Verne's entry-level single-family homes without the burden of PMI or a large upfront cash requirement.
USDA loans require a 640 FICO minimum, though 680+ gets better pricing. You put zero down on an eligible property. Income caps at 115% of the county median — roughly $101,000 for a family of four in Los Angeles County.
USDA loans are backed by the U.S. Department of Agriculture, so all lenders follow the same federal guidelines. California brokers and banks compete on rate and service, not on overlays — USDA rules are USDA rules across the board.
Closings typically run 30-45 days. USDA appraisals take longer than conventional because the property must meet rural standards. Brokers in California handle USDA volume regularly; it's not a specialty product anymore.
USDA makes sense in La Verne when you're a first-time buyer or have limited savings. At $200,000, zero down saves you $40,000 compared to a 20% conventional down payment. That's real money for a family earning the county median.
The tradeoff: USDA charges an annual fee (0.35% of loan balance) and upfront fee (1%). On a $200,000 loan, that's $700 upfront and $70 per year. Over 30 years, it costs less than PMI would on a conventional 5% down loan.
FHA loans also allow low down payments but require 3.5% cash upfront and charge lifetime mortgage insurance if you put less than 10% down. USDA requires zero down and has no mortgage insurance — just an annual fee.
Conventional loans at 20% down have no PMI but demand $40,000 cash. If you have that saved, conventional wins on rate. If you don't, USDA's zero-down structure beats both FHA and conventional for La Verne buyers.
La Verne's location in the Pomona Valley puts it within commuting distance of job centers across Los Angeles County. The USDA eligibility here reflects the area's rural character, even as suburban growth continues.
Schools in the Bonita Unified School District serve La Verne families. For buyers building equity with zero down, staying in one home long enough to see school-age children grow matters. USDA's fixed rate locks your payment for 30 years.
No. USDA loans require zero down payment on eligible properties. You finance 100% of the purchase price, which is the core advantage over FHA (3.5% down) and conventional (typically 5-20% down).
At 6.125% on a $200,000 loan, principal and interest run $1,215 per month. Add property taxes, insurance, and the annual USDA fee (0.35% of loan balance, roughly $70/year) to get your total housing cost.
USDA requires a 640 FICO minimum. Scores of 680 and above qualify for better pricing. Your debt-to-income ratio matters more than credit score — USDA focuses on your ability to repay, not just your credit history.
USDA caps income at 115% of the Los Angeles County median, roughly $101,000 for a family of four. The county median is $87,760. If your household income falls below that cap, you're eligible.
No mortgage insurance. Instead, USDA charges a 1% upfront fee (about $2,000 on a $200,000 loan) and 0.35% annual fee (roughly $70/year). That's cheaper than PMI over 30 years.