Question 1

Is Hollister eligible for USDA loans?

Accepted Answer

Much of Hollister and surrounding San Benito County qualifies. Run the property address through the USDA eligibility map to confirm.

Question 2

What income limit applies in San Benito County?

Accepted Answer

USDA sets limits by household size and county. San Benito County limits are relatively generous — check the USDA website for your household size.

Question 3

Do I need a down payment with a USDA loan?

Accepted Answer

No. USDA is a zero down payment program. The upfront guarantee fee can also be rolled into your loan amount.

Question 4

How does USDA mortgage insurance compare to FHA?

Accepted Answer

USDA charges a lower annual fee than FHA's mortgage insurance premium. Over time, that saves real money on your monthly payment.

Question 5

Can I use a USDA loan for a rental property in Hollister?

Accepted Answer

No. USDA loans are for primary residences only. Investment properties and vacation homes don't qualify.

Question 6

What credit score do I need for a USDA loan?

Accepted Answer

Most USDA lenders require a 640 score. Below that, manual underwriting is an option but approval is harder. Rates vary by borrower profile and market conditions.

USDA Loans in Hollister, CA — Zero Down in San Benito County