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USDA offersno down payment low mortgage insurance premiumscompetitive mortgage rateshigh DTI ratio optionslow income household benefits.

The USDA loan is one of the most beneficial programs for homebuyers wishing to purchase a home outside of densely populated areas.

Designed to help rural and suburban Americans achieve the dream of homeownership, the USDA loan comes loaded with benefits that open the doors of homeownership to many who may not otherwise qualify for conventional home financing.

USDA Home Loan Program Overview

Rural Development Loan

  • No down payment is required
  • Flexible credit and qualifying guidelines
  • Competitive 30yr fixed rates
  • Closing costs can come from any source, including the seller and or gift funds
  • Closing costs may be included in the loan amount depending upon appraisal
  • Not limited to first time homebuyers
  • Rates start from the 3%’s
The USDA loan’s purpose is to provide affordable homeownership opportunities to low-to-moderate income households to stimulate economic growth in rural and suburban communities throughout the United States.

These rural development loans are available in approximately 97% of the nation’s land mass, which includes over 100 million people*.
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