Realize the dream of owning a home using a USDA Rural Development Program. USDA Guaranteed loans are only offered on properties that are located in a USDA designated rural area. This program offers mortgage financing without many of the restrictions other programs may require. One of the best benefits of USDA home loans is that no down payment is required which allows families with minimal funds the opportunity to become homeowners. Not sure where to begin? Contact the Supreme Lending team today. We look forward to helping you get into the home of your dreams.
USDA Guaranteed Rural Housing Loans Program Highlights:
No down payment required
Property must be located in an eligible rural area
Applicants with a wide range of credit profiles
Income eligible applicants who do not qualify for conventional financing
Families & individuals that have minimal funds
Available to first time homebuyers and repeat homebuyers
100% financing available
Seller concessions allowed
No cash reserve requirement
No non-allowable cost
No first time homebuyer requirement
30 year fixed at competitive fixed rate
No limit on gift funds
Maximum eligible income limits apply
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