USDA Rural Development

USDA Rural Development image
Breathe in the country air! USDA Rural Development loans help borrowers purchase eligible homes in certain rural and suburban areas. This loan is reserved for those who need it most— if you have low-to-moderate income it may be right for you. It’s popular because it offers low or no-down payment options and requires no mortgage insurance. Talk to us to see if you qualify.

Program Features:

  • Competitive rates
  • No-down payment options for qualified borrowers
  • Purchase, rate and term refinance1
  • No mortgage insurance requirement2
  • Eligible applicants may build, rehabilitate, improve or relocate dwelling in eligible rural area
  • 1-unit primary residence only
  • Condominiums, existing homes, manufactured homes

1Rate and term refinance must be refinancing another USDA RD loan. 2Loans are guaranteed by RD (Rural Development).