No down payment with USDA.

not Just A farmer's home loan!

For the country, small towns, and even suburbs.

The goal of the U.S. Department of Agriculture and its USDA Rural Development Guaranteed Housing Loan program is to improve the economy and quality of life in rural America. That includes helping people and families move from dense urban areas and buy homes in more rural areas.

MAKE THE MOVE
 

BENEFITS OF A USDA LOAN

  • 100% financing
  • No set acreage limit
    • Conventional or FHA loans typically are limited to 10 acres or less
    • Land cannot exceed more than 30% of the total appraised value
  • Many property types allowed
  • No first-time homebuyer requirement
  • Fees are lower than for an FHA loan
 

Good to Know

The program’s focus is providing affordable housing to low- and moderate-income families. The program provides zero down payment loans, and borrowers are not limited to agricultural land. In return, there are some easy eligibility requirements for both property location and borrower income.

LEARN MORE
 

PROGRAM DETAILS

  • Single-family primary residences only
  • Income eligibility requirements
  • Property location requirements
  • Borrower must show ability to repay the loan
    •  640 minimum credit score
    •  43% maximum debt-to-income ratio
    •  Steady job and income
  • Lower fees than FHA loans

Meet your USDA loan expert

ROLAND CHABOLLA

NMLS403832

630.866.7104
[email protected]

Having a home you can truly call your own is a big step toward achieving your financial goals. I have the knowledge, experience and loan options to get you there. I’m also flexible and creative enough to make the mortgage process faster and easier for you, even if your situation is a bit complicated.

Whether you’re buying or refinancing, I will:

  • Explain every detail of your home loan.
  • Keep things on track through every step of the process.
  • Make sure you get to the closing table as quickly as possible.

I look forward to earning your continued business and referrals with a higher level of service than any other loan officer out there!

Ready to get started?

LET'S CONNECT