Updated January 2018
USDA Loan Interest Rates: What You Can Expect
When applying for a USDA loan, interest rates may not be the thing a borrower primarily concerns himself with. Getting qualified should be the first item on anyone’s list. Nevertheless, it pays to know all about USDA loan rates as well as all the other guidelines for this particular product.
When getting a USDA loan, you should expect an interest rate that is close to the FHA interest rate offered by the same lender. Sometimes it may be slightly higher or lower, but generally speaking, the USDA loan interest rates and FHA loan interest rates are pretty close.
USDA Loan Rates: How To Get The Best Deal
When shopping for a USDA loan, it’s always best to shop around. Shopping lenders are the easiest way to save money on your new mortgage because making banks compete for your business is good for you no matter what loan you are getting.
When it comes to USDA loans, it is even more important to shop around!
Start shopping lenders to help you with your USDA loan below, it only takes a few minutes to start shopping and making sure that you are getting the best possible interest rates on your stated income loan.