Question 1

Is Soledad actually eligible for USDA loans?

Accepted Answer

Yes, as of April 2026 Soledad falls within USDA-eligible rural zones. Always confirm the specific property address on the USDA eligibility map before proceeding.

Question 2

What income limit applies in Monterey County?

Accepted Answer

USDA limits vary by household size. Monterey County limits are higher than many rural areas — verify your specific number with us before ruling yourself out.

Question 3

How long does a USDA loan take to close?

Accepted Answer

USDA loans typically take longer than conventional loans. USDA's own review adds time on top of standard lender processing — budget 45-60 days minimum.

Question 4

Can I use USDA to buy a fixer-upper in Soledad?

Accepted Answer

The property must meet USDA's minimum property standards. Significant repairs can disqualify a home — USDA is stricter than conventional on condition.

Question 5

Do I pay mortgage insurance with a USDA loan?

Accepted Answer

Yes — an upfront guarantee fee and an annual fee. Both are lower than FHA's mortgage insurance premiums, making USDA cheaper over time.

Question 6

Can I roll closing costs into a USDA loan?

Accepted Answer

Only if the appraised value supports it. USDA allows closing costs to be financed if the home appraises above the purchase price — not always possible.

USDA Loans in Soledad, CA — Zero Down in Monterey County