USDA Loan Programs
Maybe the thought of living in the countryside appeals to you more than the city lifestyle? If that’s the case then the USDA (also known as the RHA) loan program may be right for you. The USDA Program was created to help families live in rural parts of America with a zero down payment, low mortgage insurance, and low interest rates.
What Are The Benefits of a USDA Loan?
Zero Down Payment Required
A major difficulty facing homebuyers is obtaining the down payment. Many lenders require as much as 20% down. Not the USDA program. USDA loans are $0 down
Lower Interest Rate
As a government insured loan, USDA offer excellent rates
Flexible Credit Guidelines
USDA loans also have underwriting guidelines that meet the need of many prospective homebuyers, including those who may be first time homebuyers. This program offers you the opportunity to live in a safe, warm, comforting environment in rural America. A place for you and your family to live in peace.
Eligible applicants under this loan are allowed to:
Eligible Home Requirements
Urban regions are generally not applicable for USDA programs, however few selective pockets in the suburbs may. The most eligible regions are rural locations