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USDA loans offer zero down payment financing for eligible buyers. The catch: the property must be in a USDA-designated rural or suburban area.
San Buenaventura sits on the Ventura County coast. Eligibility depends on the specific address — not the city name alone.
0%
Down Payment
640
Min Credit Score
Government-Backed
Loan Type
115% of Area Median
Income Limit
30-45 Days
Est. Close Time
USDA Loans in San Buenaventura
USDA loans require a 640 credit score with most lenders. Below that, manual underwriting is possible but harder to get approved.
Household income cannot exceed 115% of the area median. That cap includes everyone living in the home, not just borrowers on the loan.
Local decision guide
Use this guide to connect usda loans eligibility, lender expectations, and local market factors before comparing payment options in San Buenaventura.
USDA loans offer zero down payment financing for eligible buyers. The catch: the property must be in a USDA-designated rural or suburban area.
San Buenaventura sits on the Ventura County coast. Eligibility depends on the specific address — not the city name alone.
USDA loans require a 640 credit score with most lenders. Below that, manual underwriting is possible but harder to get approved.
Not every lender offers USDA loans. Many retail banks skip this program entirely because volume is low.
We work with 200+ wholesale lenders. Several specialize in USDA and can move fast on eligible properties in Ventura County.
The biggest mistake I see: buyers assume a rural-looking neighborhood is USDA-eligible. Always verify the address on the USDA eligibility map before making an offer.
USDA loans carry an upfront guarantee fee and annual fee — similar to FHA mortgage insurance. Run the numbers against FHA before committing.
FHA requires 3.5% down. USDA requires nothing. For a buyer without savings, that gap is significant.
VA loans also offer zero down — but only for veterans. If you don't have VA eligibility, USDA is the next best zero-down option available.
San Buenaventura's city core is unlikely to qualify. Outlying areas of Ventura County — further from the coast and city center — have a better shot at USDA eligibility.
Rates vary by borrower profile and market conditions. As of April 2026, buyers in eligible Ventura County areas can still find competitive USDA rates through wholesale lenders.
Parts of the city may qualify, but the urban core typically does not. Check the USDA property eligibility map using your specific address.
The limit is 115% of the area median income for Ventura County. All household members' income counts, not just the borrowers'.
Yes — an upfront guarantee fee and an annual fee. They're called differently than FHA but function the same way.
USDA is for single-family primary residences only. Condos require approval. Multi-unit properties do not qualify.
USDA loans require a Rural Development approval step. Expect 30-45 days minimum. An experienced lender speeds this up.