USDA is an outstanding mortgage program if you want to live in a designated rural area. And it’s not just for farms! The program covers many small towns and some suburbs. You can finance several types of property, and you can use the loan to buy, build, repair, or even relocate a home. Both you and the property must meet eligibility requirements.
- Up to 100% financing
- 30-year fixed-rate loan
- Lower fees than an FHA loan
- No set acreage limit
- You don’t have to be a first-time homebuyer
Follow these easy steps to your new rural home.