Rural Development Single Family Housing Guaranteed Loan Program
This program assists approved USDA lenders in providing low and moderate-income households the opportunity to own adequate, modest, decent, safe and sanitary dwellings as their primary residence in eligible rural areas. Eligible applicants may build, rehabilitate, improve or relocate a dwelling in an eligible rural area. The program provides a 90% loan note guarantee to approved lenders in order to reduce the risk of extending 100% loans to eligible rural homebuyers.
as low as 0% down
Property must be located in eligible area (rural/less populated areas)
Purchase and Refinance loans available for Primary Residences
Refinance loans only available to current USDA mortgage loan holders