A USDA Rural Housing Loan is a government insured loan that allows for 100 percent financing. There is no down payment required and also provides the capability of including your closing costs into the loan along with your pre-paids (Taxes & Insurance) in your loan subject to the limits of the appraised value.
A Rural Housing Loan is a great option for the First Time Homebuyer or even a seasoned buyer!
•100% financing available
•No down payment required
•Low interest rates
•Flexible Credit Guidelines
•Property must be in an eligible location