Rural housing mortgages, also known as USDA mortgages, are 100% federally insured by the US Dept. of Agriculture. This loan is for potential homebuyers who are seeking property in rural areas is more lenient toward those with less-than-perfect credit.

Rural Housing

BENEFITS OF A USDA MORTGAGE

  • No down payment required
  • Mortgage insurance is less costly
  • No penalties for paying loan early
  • No minimum requirement for residence
  • Interest rates are some of the lowest available