USDA – United States Department of Agriculture

Make your dream of homeownership a reality with a USDA Rural Home Loan Program. Loans guaranteed by the USDA are only available on properties located in designated rural areas. This program offers mortgage financing without many restrictions required of other programs. A major benefit of USDA home loans is that you don’t need a down payment providing more opportunities for lower-income families and individuals the opportunity to purchase and own a home. Ready to get started? Call our Supreme Lending DFW team to see if you qualify. We can’t wait to help you secure the home of your dreams.

Highlights of the USDA Guaranteed Rural Housing Loan Program:

• No requirement for a down payment (100% financing).
• Only eligible for rural properties designated by the USDA.
• Applicants with a range of credit profiles.
• Eligibility depends on if the applicant’s income does not qualify them for Conventional financing.
• A great option for individuals and families with minimal funds.
• First-time or repeat homebuyers eligible.
• Up to 6% seller concessions are permitted.
• No cash reserve requirement.
• No non-allowable cost.
• 30-year fixed-rate at competitive rates.
• No limits on gift funds.
• Income limits apply.