Question 1

Does Shasta Lake qualify for USDA loans?

Accepted Answer

Much of Shasta Lake falls within USDA-eligible boundaries. Confirm each property address using the official USDA eligibility map before applying.

Question 2

What income limit applies in Shasta County?

Accepted Answer

USDA limits are set by household size and county. A larger household qualifies at a higher income threshold than a single-person household.

Question 3

Is there really zero down payment with USDA?

Accepted Answer

Yes. USDA Guaranteed loans require no down payment. You still pay closing costs unless the seller agrees to cover them.

Question 4

How does USDA mortgage insurance work?

Accepted Answer

USDA charges an upfront guarantee fee and a small annual fee. Both are lower than FHA mortgage insurance premiums for most borrowers.

Question 5

Can I roll closing costs into a USDA loan?

Accepted Answer

You can roll the upfront guarantee fee into the loan. Other closing costs can be covered by seller concessions but generally not financed.

Question 6

How long does USDA loan approval take?

Accepted Answer

USDA Guaranteed loans add a lender underwriting step plus a USDA review. Budget extra time compared to conventional loans — 30 to 45 days is typical.

USDA Loans in Shasta Lake, CA — Zero Down, Real Savings