Rural Housing Home Buyer Assistance
Ready to Own Your Own Home?
Low to Moderate Income Household?
Live in a Rural Area?
Rural Development May Be Able to Help
USDA Rural Housing Loans
♦♦ No Down Payment Required
♦♦ No Pre-determined Purchase Price Limits*
♦♦ Not Limited to First Time Home Buyers
♦♦ Flexible Credit and Qualifying Ratios
♦♦ 30 Year Fixed Term
♦♦ No Cash Reserve Requirements
♦♦ All Appraiser-Required Repairs and Closing Costs Can Be Financed Based Upon the
Appraised Value Above the Purchase Price
♦♦ Loans May be Obtained for Appraised Value plus Guarantee Fee
♦♦ Eligible Gift, Grant, Mortgage Credit Certificate (MCC), Buydown Allowed
♦♦ Single Family Residence, Condos & Planned Unit Developments (PUDs)
♦♦ 640 Minimum FICO
♦♦ Occupy the Property as Primary Residence
♦♦ Must Have a Reasonable Credit History
♦♦ Residential Property Must be Located in a Rural Development Eligible Area
Go to http://rdeligibility.usda.gov, use the link “Single Family Housing” under “Property Eligibility”
♦♦ Household Income Must Meet Rural Development Guidelines
Go to http://rdeligibility.usda.gov, use the link “Single Family Housing” under “Income Eligibility”
Let us guide you through the USDA Rural Housing process. Call Today!