USDA Rural Development Program
This program helps approved lenders provide low and moderate income families with the chance to own proper, safe and sanitary housing in rural areas. This program promotes financial prosperity with property ownership — this leads to community growth and thriving life in rural areas.
Qualified applicants are given the opportunity to rehabilitate, modernize, relocate, or even completely build a dwelling in eligible rural areas. This program offers a 90% loan note guarantee to those lenders who are approved — this helps diminish the risk of extending 100% to qualified rural homebuyers.
In order to qualify, applicants must meet income eligibility requirements and seek a property in an eligible area, they must be a US Citizen, they must be able to qualify for a loan and must meet all program obligations.
- Loans for low income families to stimulate rural community growth.
- Applicants must meet income requirements.
- Applicants must be a US Citizen.
- Property must be located in eligible areas.
Buying your first home can be overwhelming. Let us help! We are committed to finding you any grant monies or assistance programs available to you. Our buyer agent services are FREE! Please contact us for more information. We have assisted hundreds of first time home buyers and look forward to the opportunity to assist you!