100% financing for qualified buyers purchasing in eligible rural and suburban areas of Florida — competitive rates and low monthly costs.
What it is
USDA loans are backed by the U.S. Department of Agriculture's Rural Development program. They're designed for low- to moderate-income buyers in eligible rural and suburban areas — and a surprising amount of Florida qualifies, including many areas just outside Tampa, Lakeland, Spring Hill, and other commuter zones.
USDA loans require zero down payment, have low monthly mortgage insurance, and rates are competitive. Andrew Kashella can quickly check whether the property you're considering is in a USDA-eligible area and walk you through the income limits.
Who it's for
A few signs this program might be a strong fit. Even if you don't see yourself in this list, reach out — Andrew works with over 100 lenders and there's likely an option that fits.
Key Features
100% financing — lowest barrier to entry of any program.
USDA rates are typically below conventional and FHA rates.
Annual fee is 0.35% — much lower than FHA's 0.55%.
More of Florida is USDA-eligible than buyers expect — we'll check your address.
Sellers can contribute up to 6% toward closing costs.
Single-family homes (no multi-unit). Must be primary residence.
Frequently Asked
Many areas around Greater Tampa, Brandon, Spring Hill, Plant City, Brooksville, and parts of Pasco and Hernando counties qualify — and so do most rural communities. Send Andrew the address and we'll check the USDA eligibility map for you in seconds.
Income must be at or below 115% of the area median income. For Pinellas County, that's roughly $112,000 for a 1–4 person household and $148,000 for 5+ (limits update annually).
No — USDA loans are strictly for owner-occupied primary residences.
Most USDA loans close in 30–45 days. A small portion of the underwriting goes through USDA's regional office, which can occasionally add a few days.
Andrew Kashella is here to help you compare options, understand the numbers, and figure out if this program is the right fit for your situation.
Andrew Kashella — NMLS #139171 | Innovative Mortgage Services, Inc. — NMLS #250769
Loan programs are subject to borrower qualification, credit approval, and property eligibility. Not all applicants will qualify. Additional terms and conditions may apply. Interest rates and loan programs are subject to change without notice. This is not a commitment to lend or extend credit.