Loading
Loading
USDA Loans in Long Beach
What's the monthly payment on a $200,000 USDA loan at today's rate?
At 5.99% interest, a $200,000 USDA 30-year fixed carries $1,198 monthly PI. Add taxes, insurance and HOA to reach total housing payment. Rates vary by borrower profile and market conditions.
01
Long Beach's median home price is $815,000. Homes spend an average of 47 days on the market before selling.
At 5.99% interest, a $200,000 purchase carries a $1,198 monthly payment for principal and interest. The market holds 894 active listings with prices trending down.
5.99%
Interest Rate
$1,198
Monthly PI ($200K)
$1,249,125
Conforming Limit (2026)
0%
Down Payment
02
USDA loans require a maximum 29 percent housing debt-to-income ratio for a primary residence. Your housing payment cannot exceed 29 percent of gross monthly income.
You also face a maximum 41 percent total debt-to-income ratio for a primary residence. That includes housing plus all other debts combined.
USDA financing is zero down in eligible rural areas. Income limits vary by household size for Los Angeles County.
Local decision guide
Use this guide to connect usda loans eligibility, lender expectations, and local market factors before comparing payment options in Long Beach.
Long Beach's median home price is $815,000. Homes spend an average of 47 days on the market before selling.
At 5.99% interest, a $200,000 purchase carries a $1,198 monthly payment for principal and interest. The market holds 894 active listings with prices trending down.
USDA loans require a maximum 29 percent housing debt-to-income ratio for a primary residence. Your housing payment 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 both mortgage brokers and retail lenders. Brokers typically access a wider wholesale network for rate shopping.
Underwriting focuses on income stability and property eligibility. SRK CAPITAL closes USDA loans in 17 to 21 days standard, or 10 days when expedited.
04
USDA financing makes strong sense for Long Beach-area buyers in eligible rural properties. The zero-down structure removes a major barrier when qualifying on income.
The debt-to-income caps are tighter than conventional. Your income must support the payment cleanly within 29 percent housing and 41 percent total ratios.
05
USDA and FHA both offer low down payments. USDA runs zero down in eligible areas while FHA requires 3.5 percent minimum.
USDA carries no mortgage insurance at any loan-to-value. FHA carries mortgage insurance for the life of the loan under 10 percent down.
06
LA County placed LAUSD under heightened fiscal oversight. The district faces concerns about meeting future financial obligations.
Employment stability matters for USDA qualification. A studio merger has flagged approximately 2,495 local jobs at risk in specific sectors.
07
Long Beach's market shows 894 active listings trending upward. Homes average 47 days on market before selling.
Price per square foot sits at $649, down from earlier peaks. USDA zero-down financing appeals to income-qualified buyers without substantial down-payment savings.
FAQ
At 5.99% interest, a $200,000 USDA 30-year fixed carries $1,198 monthly PI. Add taxes, insurance and HOA to reach total housing payment. Rates vary by borrower profile and market conditions.
No. USDA loans require zero down in eligible rural areas. You finance the full purchase price without a down payment.
USDA caps household income at the area-specific threshold for Los Angeles County by household size. Your housing payment cannot exceed 29 percent of gross income, and total debt cannot exceed 41 percent.
USDA loans apply to properties in USDA-designated rural areas. Long Beach itself may not qualify, but nearby eligible rural properties can. SRK CAPITAL can verify property eligibility.
SRK CAPITAL closes USDA loans in 17 to 21 days standard. Files can close in 10 days when expedited.
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.