Not endorsed or sponsored by the United States Department of Agriculture or any government agency.
The USDA Rural Development Single Family Housing Guaranteed Loan Program - or USDA Home Loan - is one of the most powerful mortgage options available for rural and suburban homebuyers. USDA Loans come with significant benefits that provide homebuyers the opportunity to achieve loan terms that no other program can offer.
Originally designed to help rural Americans realize the dream of homeownership, the USDA Mortgage now services a wide variety of locations, homes and properties through USDA-Approved lenders like USDA Loans.com.
Of the many benefits, the most cited is the ability to obtain 100 percent financing. This means qualified borrowers can purchase the home of their dreams with no out of pocked cost.
Keep in mind that the USDA Rural Development Office does not fund the mortgage loans. Rather, the program has partnered with selected lenders in all states who will loan the money with a repayment guarantee from the USDA, if ever the loan should default.
Due to this guarantee, lenders have greater confidence in borrowers and are able to provide highly attractive loan terms to qualified candidates who meet the USDA Rural Development underwriting guidelines.
Any individual or family who plans to occupy a home located in an eligible rural area as their primary residence may qualify for a USDA Rural Development home loan.
An applicant for the USDA mortgage guarantee loan must provide sufficient income verification and a credit history that indicates an ability and willingness to meet repayment obligations. To learn more about USDA eligibility, see here.
Interested future homeowners should contact a USDA Loans.com representative to see if they qualify.
Using a USDA Loan?
Call (877) 701-8732 or Get Started