How to choose
There’s no single “best” usda loan lender — the best lender is the one whose guidelines and pricing fit your exact scenario. That’s why borrowers increasingly use an independent broker: instead of applying at five banks, one application at CDL Mortgage is priced across our entire wholesale lender panel.
Here’s what to look for when comparing usda loan lenders — and how we stack up on each point.
Wholesale pricing from multiple lenders — a broker compares many investors on every usda loan; a bank can only offer its own products.
A licensed loan officer, not a call center — one point of contact from pre-approval through closing.
Program depth — the best lender for your scenario may not be the best for your neighbor’s. Guideline flexibility matters.
Transparent fees — you should see exactly what you’re paying and what you’re getting for it, in writing.
Speed and communication — on-time closings win purchase contracts. Ask how often you’ll get status updates.
Local licensing — work with a lender licensed in your state who knows your county’s loan limits and closing customs.
Questions
A USDA loan is a $0-down mortgage backed by the U.S. Department of Agriculture for homes in eligible rural and suburban areas. Rates are often below conventional, and no down payment is required.
Eligibility is based on the property’s location — many suburban areas on the edges of metro regions qualify, not just farmland. We’ll run any address through the USDA eligibility map for you in minutes.
Yes. Household income generally can’t exceed 115% of the area median income for your county. We’ll verify your county’s limit and structure the application correctly.
USDA loans carry a 1% upfront guarantee fee (which can be financed) and a low 0.35% annual fee — significantly cheaper than FHA mortgage insurance in most cases.
About Us
CDL Mortgage Services Inc. is an independent, full-service mortgage company. Instead of pushing one bank’s products, we shop multiple wholesale lenders to secure the best loan at the best rate for every borrower.
Purchase, refinance, and home equity — all under one roof, focused on the best loans at the best rates.
Based at 6524 Lonetree Blvd, Rocklin, CA 95765 and licensed in California, Texas, Georgia, Tennessee, Oklahoma & Idaho.
Every file is handled start-to-finish by a licensed loan officer who knows your name and your goals.
Fully licensed and regulated, with award-winning lender partnerships and 35+ years serving borrowers.