USDA Rural Housing Program

The USDA Rural Housing Program is designed to allow low to moderate income families to purchase a home with no money down. This is a Government guaranteed loan that allows the buyers to obtain 100% financing with no PMI. There is a one time 2% guarantee fee that can also be financed into the loan. There are no credit score requirements but the buyers must qualify with 115% of the median income as defined by each county. This program also allows for repairs and seller concessions above the 6% allowed with conventional loan programs. For more information please call us at 877-663-7555.