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USDA Guaranteed Rural Housing - 10 things you should know
Here is an outline of some of the features of the USDA Rural Development loan written by Doug Capps of Fairway Independent Mortgage.  This is an excellent loan program for Northwest MS homebuyers. 
If you are looking for a stand-out lender, I can personally attest to Fairway's great customer service.  Doug also handles VA, FHA and conventional loans.
  
The USDA Guaranteed Rural Housing loan is one of the best mortgage options available to many borrowers.  Unfortunately, many lenders do not offer or know enough about this program.  Make sure your borrower is not missing out on this great loan program!
 Here are (10) things you should know:  
100% Financing - NO down payment.  Can go up to 102% with financing the 2% USDA Funding Fee. Flexible Credit and Qualifying Guidelines - Fairway requires a 620 credit score for all borrowers. Appraisal Requirements - Same appraisal standards as a conventional appraisal and yet, NOT subject to the new HVCC laws or stricter FHA appraisal guidelines. NO Loan Limit - Unlike FHA or Down Payment Assistance programs, GRH loans have no maximum sales price limitation.  The maximum sales price allowed is determined specifically by the borrower's financial situation (income limits do apply). NO First-Time ... more

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