If you’re looking to build a new home or buy a new or existing home in a rural or suburban area, you may want to check with your lender to see if you qualify for a USDA Rural Development loan. This loan is extremely attractive to homebuyers, especially first-time homebuyers who have low to moderate incomes. It allows 100 percent financing with no down payment needed whatsoever.
A Rural Development Loan is a special type of home mortgage that’s administered by the United States Department of Agriculture (USDA). There are a variety of requirements for this type of USDA loan, including:
There are a variety of reasons why home buyers like you choose to get a Rural Development Loan for a USDA rural housing, including:
We know it takes a lot of effort to find the perfect lender for your next home. That’s why we’ve created our website – to make finding a loan easier.
To be matched with a lender who services your area, fill out our online quote form today.