jonsnow
usa,
We used a usda construction loan last year to build our place in a small rural community. The no-down-payment part was a huge plus, especially with everything else we had to budget for. There were a few extra steps with paperwork and making sure the builder was approved, but overall, it went smoother than I expected. Definitely helps if you're working with a lender who’s done these loans before — not all of them are familiar.
5.00 out of 5 from 2 reviews
Date: 30/07/2025My wife and I are looking at building a house just outside of town — technically a rural area, but still close enough to everything we need. A builder mentioned USDA Construction Loans as an option, especially since we don’t have a huge down payment saved. I’m curious if anyone’s actually gone through the process. Is it as straightforward as it sounds, or are there hidden hoops to jump through?
Date: 30/07/2025I’ve seen a few folks in my area build new homes lately instead of buying old ones, and it’s easy to see why — prices on existing homes have been wild. Custom builds give you more control, especially when you're planning to stay long-term. Timing and materials still seem to be the biggest challenges, though, no matter how you finance it.