Are downpayments allowed on a USDA Loan?

[Anonymous]

I've been approved for a 240,000 guaranteed USDA loan.  I am wondering if I can still put my own money down as a down payment, even though it is 100% financing?

Thanks.

[Jazzzy]

I don't know if the loan programs vary, but our daughter was allowed to add approx. $5,000 as a downpayment to a 100% subsidized loan.

She was approved for approx $130K and the house she purchased sold for $135K.

As I said, she was in a subsidized USDA loan. Her loan closed about 2 weeks ago.

[Anonymous]

Thanks!  That's exactly what I wanted to do, just put $5,000 down to show a little equity.  I put a email into a USDA Rep in my area, when I get an answer I will post here. 

[DallasLoanGuy]

Not only allowed.... But it will make your file stronger.