No savings for downpayment? 

No savings for closing costs?

No money to purchase appliances? (New construction only)

Did you know you can still purchase a home with 100% financing?  

Does this sound like you?  If so, perhaps the USDA (rural financing) program is perfect for you?  Here's how it works: it is income based, so if you make less than $75,600 and have 1-4 people in your household or have 5-8 people in your household with income less than $99,800, your income qualifies for the program.  

The current map of eligibility for USDA includes the following communities: Areas of East Orlando, St. Cloud (including across the street from Lake Nona area), areas of Apopka, Winter Garden, Ocoee, Orange City, Wedgefield, Geneva, Poinciana, Davenport, Haines City, Groveland and Clermont.  The map is very specific, which is why I've included the link from their site, but I'd be happy to help you determine if a specific property falls within the zone. Eligibilty map.

Here are the requirements for this program


  • No Down Payment Required
  • No Pre-payment penaly
  • 620 Credit Score required
  • New and existing homes OK
  • 30-year fixed rate loan
  • Maximum Loan Amount is $417,000
  • Closing cost can be included into the loan but property must appraise with the added closing costs included

   Maximum adjusted gross household income:

    1-4 Person: $75,650

    5-8 Person: $99,850