Rural USDA Loans
Rural USDA Loans
0$ Down. Easy to Qualify. Lower Rates. The USDA Rural Housing Program is a federal program that aims to help lower-population towns and counties thrive by providing better deals, terms, and options to house buyers when they buy or refinance a home. Most banks do not offer USDA Rural Housing Loans, but we do! If you reside in a rural location and your household satisfies the income requirements, you may be eligible.
To be eligible, the desired home must be located in a rural region. Are you unsure whether your home qualifies for a USDA Rural Housing Loan? We can do the research for you when you call one of our licensed loan officers at 435.216.3081. The USDA home loan offers flexible credit standards, requires no money down, and even allows you to incorporate your closing costs into the home loan!
Please contact one of our licensed loan officers if you’d like to find out if your current or desired home qualifies for a USDA Loan.
Why Choose a Rural Housing USDA Loan?
- Buy your home with a USDA Loan!
- Zero down payment
- Low monthly Mortgage Insurance (MI)
- USDA home loans have low closing costs
- Available for 30 year fixed-rate loans only
- Available for properties in specified rural areas
- Flexible qualification guidelines
- Financing up to 103.5% of the appraised value
- Requires up-front guarantee premium & low rate monthly MI
- Maximum income limits vary by county
Why We Chose a Rural Housing USDA Loan
When my wife and I decided to move to Utah, I started my home search online. I found the Staples Group on Facebook and after reading all of their positive reviews I decided to call them. I knew I made the right choice after our very first meeting. Becky took things very slowly and explained all of our options to us. I decided to go with the USDA Rural housing loan because of the low mortgage insurance and the ability to put zero money down. We ended up building a home and are really happy how it turned out. We were also pleasantly surprised when they found us a grant for $2,000 from our city! They are my lenders for life!
-The Rogers Family
