Rural Development Single Family Housing Guaranteed Loan Program
This program assists approved USDA lenders in providing low and moderate-income households the opportunity to own adequate, modest, decent, safe and sanitary dwellings as their primary residence in eligible rural areas. Eligible applicants may build, rehabilitate, improve or relocate a dwelling in an eligible rural area. The program provides a 90% loan note guarantee to approved lenders in order to reduce the risk of extending 100% loans to eligible rural homebuyers.
as low as 0% down
Maximum loan amount $548,250
Minimum credit score 600
Property must be located in a designated USDA rural area
Income limits apply