Question 1

Does all of Elk Grove qualify for USDA loans?

Accepted Answer

No. Only specific areas within Elk Grove fall inside USDA eligibility zones. Use the USDA property eligibility map to confirm before making an offer.

Question 2

What are the income limits for USDA loans in Sacramento County?

Accepted Answer

Limits vary by household size. USDA sets them county by county. Check the USDA income eligibility tool for Sacramento County's current caps.

Question 3

Can I use a USDA loan for an investment property?

Accepted Answer

No. USDA loans are for primary residences only. You must occupy the home as your main residence.

Question 4

How does USDA mortgage insurance compare to FHA?

Accepted Answer

USDA's upfront and annual fees are both lower than FHA's. That makes monthly payments more affordable over time. Rates vary by borrower profile and market conditions.

Question 5

How long does a USDA loan take to close?

Accepted Answer

USDA loans typically take longer than conventional. Files go through an extra Rural Development review. Budget 45-60 days and pick a lender with USDA experience.

Question 6

What credit score do I need for a USDA loan in Elk Grove?

Accepted Answer

Most lenders want 640 for automated underwriting. Some will manually underwrite below that, but options narrow quickly under 620.

USDA Loans in Elk Grove: Zero Down in Sacramento County