USDA Rural Home Loan Details:
- Up to 100% Financing for qualified home buyers
- Designed to help homebuyers in rural areas
- Fully amortized fixed rate loan
- Available for purchase or refinance
- USDA offers a streamlined refinance option
- Up to 6% seller contribution allowed
- Income limits & property location restrictions apply
No longer considered a “farmers loan”, recent changes from the United States Department of Agriculture (USDA) have expanded the eligible areas for a USDA rural home loan. Thousands if not millions of Americans are now eligible for USDA home loan financing outside of the major metropolitan areas.
With very specific guidelines, it is important to work with a Loan Officer and a company that has experience specifically with USDA financing. To see if you or your property is eligible for a USDA rural home loan, please fill out the quick form to the right.