A USDA home loan is a housing program that provides direct loans or loan guarantees to help low- and moderate-income rural Americans buy safe, affordable housing in rural areas. The goal is to build or improve housing and essential community facilities in rural areas. It is a zero down payment mortgage for eligible rural and suburban home buyers backed by the U.S. Department of Agriculture (USDA).
What makes USDA loans so competitive?
- Zero money down
- Government guaranteed
- Low interest rates
- 30 year fixed rates
- Flexible credit guidelines
Think you may be interested in learning more about a USDA Loan? Call us TODAY!