The USDA Rural Development Loan is a very attractive loan for home buyers especially first time buyers. The 100% no money feature continues to attractive the attention of first time buyers. They can get into a house with nothing out of pocket and for younger buyers who have not had a lot of years in the work force to be able to save a down payment it is imperative. Besides the no down payment feature other things such as having less than perfect credit also are a important part. There is no minimum credit score set forth by USDA but most lenders impose their own. Usually most lenders will go as low as 640 and even 620 in some cases. Low mortgage insurance along with close to standard interest rates make it a go to loan for First Time Home buyers.