Best USDA loan lenders of November 2025

Core Insights - The article discusses the best USDA lenders for September 2025, highlighting their unique offerings and suitability for different borrower needs [1][2]. Group 1: Best USDA Lenders - Pennymac is recognized as the best lender for low interest rates, being the largest U.S. lender of USDA loans and known for offering lower interest rates [2][33]. - CMG Financial is noted as the best lender for USDA refinancing, providing a comprehensive downloadable mortgage refinance guide [6][15]. - Cardinal Financial stands out for accepting lower credit scores compared to most lenders, making it suitable for borrowers with low credit scores [11][16]. - CrossCountry Mortgage is highlighted for its commitment to underserved communities, offering various assistance programs and educational resources [13][22]. - U.S. Bank is identified as the best full-service bank for USDA loans, being the largest USDA lender by volume and offering additional banking services [18][23]. Group 2: Loan Details and Requirements - Pennymac offers USDA loans with a minimum credit score of 580 for purchase loans and a debt-to-income ratio of 36% [8][9]. - CMG Financial requires a minimum credit score of 620 and has a similar debt-to-income ratio requirement [9][10]. - Cardinal Financial may accept credit scores as low as 580, but does not provide sample interest rates on its website [16][12]. - CrossCountry Mortgage has a minimum credit score requirement of 640 and offers a forgivable grant of up to $6,000 for first-time home buyers [22][23]. - U.S. Bank also requires a minimum credit score of 640 and has a median debt-to-income ratio of 36% [23]. Group 3: Loan Types and Features - USDA loans are categorized into Guaranteed loans, which are issued by private lenders to moderate-income borrowers, and Direct loans, aimed at the most financially vulnerable households [24][25]. - The Single Family Housing Guaranteed loan has no loan limit, while the Direct loan limit varies by county, with many counties having a limit of $419,300 in 2025 [36][34]. - USDA loans do not require a down payment and have relaxed credit standards, making them accessible to financially vulnerable households [31][35].