Rural Development Loan


Retail Banking Mortgage Rural Development Loan

​​​​​​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​.​