Myrtle Beach
USDA Home Loans
Buy a home near Myrtle Beach with $0 down, steady fixed rates, and flexible credit options. USDA loans make it possible for qualified buyers in eligible areas to become homeowners.
USDA Loans Near Myrtle Beach: $0 Down in Eligible Horry County Areas
USDA loans offer zero down payment and below-market mortgage insurance rates for buyers in eligible rural and suburban areas near the Grand Strand. Conway, Loris, Aynor, Galivants Ferry, and much of inland Horry County qualify — making USDA the most affordable path to homeownership for buyers open to living outside the coastal strip. Income limits and property location eligibility apply.
USDA-Eligible Areas Near Myrtle Beach
USDA eligibility is determined at the address level — not by county or zip code blanket coverage. The coastal strip (City of Myrtle Beach, North Myrtle Beach, Surfside Beach) is generally not USDA-eligible due to population density. But significant portions of inland Horry County qualify, often just 15–25 minutes from the beach.
Conway
Horry County's county seat has significant USDA-eligible areas — particularly in residential neighborhoods outside the downtown core. Many Conway homes qualify for zero-down financing, making it one of the most popular USDA markets near the Grand Strand.
Loris
Located in northern Horry County, Loris is largely USDA-eligible and offers some of the most affordable home prices in the region — a strong combination for first-time buyers prioritizing value and zero-down entry.
Aynor
A growing small town in central Horry County with USDA eligibility and new residential development. Aynor's mix of existing homes and new construction gives USDA buyers strong options at accessible price points.
Galivants Ferry & Inland Horry County
Rural and semi-rural areas along US-501 and inland from the Waccamaw Neck frequently qualify for USDA financing. We verify each address against the current USDA eligibility map before you make an offer.
Check If Your Address Qualifies for USDA
USDA maps are updated periodically — some areas that were eligible two years ago may no longer qualify, and newly designated areas may have opened up. The official USDA eligibility map lets you look up any specific property address before you commit to a target area.
Use the official USDA eligibility map to search any Horry County address and confirm whether it qualifies for zero-down financing. Once you've found an eligible property, contact us and we'll handle the rest — income verification, pre-approval, and lender matching.
Check USDA Eligibility Map →USDA vs. FHA: Cost Comparison for Grand Strand Buyers
Both USDA and FHA allow low-to-no down payment purchases, but they serve different buyer situations. The cost structures are meaningfully different — particularly on mortgage insurance.
| Feature | USDA Guaranteed Loan | FHA Loan |
|---|---|---|
| Down Payment | $0 (100% financing) | 3.5% minimum |
| Upfront Fee | 1.0% guarantee fee (financeable) | 1.75% UFMIP (financeable) |
| Annual MI Rate | 0.35% of loan balance | 0.55% of loan balance |
| MI Duration | Life of loan (decreases as balance drops) | Life of loan (<10% down) |
| Min Credit Score | 640 (most lenders) | 580 |
| Income Limit | Yes — ~$110,650 (1–4 person HH) | No income limit |
| Property Location | USDA-eligible areas only | No location restriction |
| Loan Limit | No set limit (DTI/income-based) | $498,257 (Horry County) |
Frequently Asked Questions: USDA Loans Near Myrtle Beach
What areas near Myrtle Beach are eligible for USDA loans?
USDA-eligible areas near the Grand Strand include Conway, Loris, Aynor, Galivants Ferry, Mullins, and much of inland Horry County and Marion County. The coastal strip — including the City of Myrtle Beach, North Myrtle Beach, and Surfside Beach — is generally not USDA-eligible. Eligibility is verified at the address level using the official USDA eligibility map.
What are the income limits for USDA loans in Horry County?
For 2024, the standard income limit for a 1–4 person household in Horry County is approximately $110,650 per year. For 5–8 person households, the limit rises to approximately $146,050. Income limits include all household members' income, not just the borrowers on the loan.
How does the USDA guarantee fee work?
USDA loans carry an upfront guarantee fee of 1.0% (financeable into the loan balance) and an annual fee of 0.35% of the remaining balance, paid monthly. This is significantly cheaper than FHA MIP at 0.55% annually, and USDA's annual fee decreases as the loan balance pays down over time.
Can I use a USDA loan to buy a home in Conway, SC?
Yes. Conway has significant USDA-eligible areas, particularly in residential neighborhoods outside the downtown core. It's one of the most popular USDA markets near the Grand Strand. We verify eligibility at the specific address level since some Conway parcels may not qualify due to recent rezoning.
Get Pre-Approved for a USDA Loan Near Myrtle Beach
Once you've confirmed your address qualifies, we'll verify your income eligibility, match you with the best USDA lender pricing, and get you pre-approved — so you're ready to move when you find the right home.
Call us: (843) 524-2404