Opportunities for every area.
This loan is part of a mortgage guarantee program administered by the United States Department of Agriculture and it aims to help moderate-income families to acquire a main home.
For how much can I finance?
Up to 100% of your property’s value or appraisal (whichever is lower) to use for the purchase of a principal residence.
To apply for a Rural Development loan you need to consider the following:
The property you are looking to purchase is located in an eligible Rural Development area.
You must meet the household income eligibility limits.
You agree to personally occupy the dwelling as your primary residence.
You will have to demonstrate the willingness to meet credit obligations in a timely manner.