USDA Loans

USDA Home Loans are guaranteed by the United States Department of Agriculture (USDA) for some rural, suburban, and lower-income homebuyers. USDA actually offers several loan programs, grants, funding projects, and loan guarantee programs for a variety of different needs to assist rural communities, farmers, and Americans that want to live, or are already living in eligible rural areas. If you meet the qualifications for a USDA home loan, you may be able purchase a home in an eligible rural area with ZERO, yes that's right, $0 money down, 100% financed, and no PMI. USDA guaranteed loans have lenient eligibility requirements and competitive interest rates.

Many small towns and suburbs in the US meet the requirement of "rural" by USDA standards.

If you are already living in an eligible rural area, you may be able to use a USDA loan or grant program to repair or refinance your existing home if certain qualifying circumstances apply.

Qualifying income requirements are based in part by the size of the household, the less members of your household there are, the lesser income is needed to qualify.

Multifamily

Assistance may be available to rural property owners through loans, loan guarantees, and grants to help owners develop or rehabilitate properties that is used to provide housing for low-income, elderly, and disabled individuals and families as well as domestic farm laborers.

Multifamily Housing even works with owners to subsidize rents for low-income tenants who cannot afford to pay their full rent.

If you know the area or specific house that you are looking to buy, let's see if you and the home qualify for a $0 DOWN, 100% financed and guaranteed USDA loan!