Question 1

Does Gustine qualify for USDA loans?

Accepted Answer

Yes, Gustine is in a USDA-eligible area. Buyers here can access zero down payment financing through the USDA program.

Question 2

What credit score do I need for a USDA loan?

Accepted Answer

Most lenders want a 640 credit score for automated approval. Scores below that may still qualify with manual underwriting.

Question 3

Is there a USDA income limit in Merced County?

Accepted Answer

Yes. USDA caps household income, not just the borrowers' income. Limits vary by household size — check current USDA guidelines.

Question 4

How long does a USDA loan take to close?

Accepted Answer

Expect 45-60 days. USDA loans require a second review from the agency, which adds time compared to conventional loans.

Question 5

Can I use a USDA loan to buy a farm in Gustine?

Accepted Answer

Only if the primary use is residential. USDA home loans are for primary residences — not income-producing agricultural operations.

Question 6

Does USDA require mortgage insurance?

Accepted Answer

USDA charges an upfront guarantee fee and a small annual fee. Both are typically lower than FHA mortgage insurance costs.

USDA Loans in Gustine, CA — Zero Down in Merced County