USDA Loans in Ohio: Plain-English Guide
Based in Mason, serving all of Ohio. If you’re buying in a rural or semi-rural area, a USDA loan can let you buy a home with $0 down. I’ll help you check the address, your household income, and your monthly budget, then give you clear next steps. Ready to get started? Apply for a USDA pre-approval or try the USDA Loan Calculator.
What is a USDA loan?
A USDA loan is a 30-year fixed mortgage for eligible buyers in eligible areas. It allows $0 down and uses a USDA loan note guarantee to reduce the lender’s risk. You’ll still pay standard closing costs and USDA program fees.
Who it’s for
- Buyers with household income at or below 115% of the area median.
- A primary residence in a USDA-eligible location.
- Credit and debt that fit lender guidelines.
Key costs to know
- Upfront guarantee fee: typically 1.00% of the loan amount.
- Annual fee: typically 0.35% of the outstanding balance, built into the monthly payment.
These amounts can change. I’ll quote today’s numbers when we talk. Program details: USDA Guaranteed Loan overview. Prefer to compare programs first? See FHA loans in Ohio.
Buying in a non-eligible area or with a larger down payment? Review conventional loan basics.
Is the home USDA eligible?
Use the official USDA property map to check an address. Many homes near Maineville, Morrow, South Lebanon, and parts of Lebanon are often eligible. Much of Mason, Blue Ash, and West Chester falls outside the line, always verify.
USDA Income limits in Ohio
USDA looks at adjusted household income, which can include income from all people who will live in the home. Most Ohio counties allow up to 115% of area median income. Limits change over time. I’ll confirm your number for your county and household size.
How I work (simple steps)
- Quick call or text to confirm your goals and timeline
- Online application
- Pay for the credit report
- Upload income and asset docs
I’ll price options and explain your payment in plain English.