Open skies calling your name?
The rural housing program, through the United States Department of Agriculture (USDA), help lenders work with households, including low- and moderate-income, living or seeking to live in rural areas to make homeownership a reality.
Providing affordable homeownership opportunities promotes prosperity, which in turn creates thriving communities and improves the quality of life in rural areas. Some benefits you may see include things like low-interest mortgages and no down payments.
Location-specific
The USDA defines eligible rural area requirements you must meet. This gives more home buying options if you may not qualify for other types of loans for more urban or suburban areas.
In order to be eligible, household income must meet certain guidelines. As well as eligible rural area requirements as defined by the USDA. Some benefits you may see include things like low-interest mortgages and no down payments.
