USDA Rural Housing home loans insured by HUD are designed to assist low-to-moderate income rural residents in purchasing a new home by providing affordable
s. The home purchase must occur within the USDA's Property Eligibility Map
and the household income must not exceed the established limits for the area where the home is located.
Benefits of the USDA Rural Housing loan program include up to 100% financing (no
may be accepted (includes detailed payment history on rental payments, utility bills, telephone/mobile services and television service), and below market monthly
rates. Like the
home loan, the USDA Rural Housing home loan allows the seller to pay all
, and homeowner’s insurance. Take advantage of the USDA Rural Housing loan and purchase with no money down.