USDA Rural Development Loans

USDA Rural Development program helps mortgage lenders work with low and moderate income families living in designated rural areas achieve home ownership.

USDA Rural Development Loan Features:

  • 100% financing (no down payment)
  • Use to purchase primary residence or refinance for rate term
  • Flexible credit guidelines and expanded qualifying ratios
  • Must be eligible rural area as designated by USDA  (check USDA RD eligibility)
  • Income limits based upon the number of people living in house, varies by geographical area
  • Loan up to appraisal value to finance closing costs
  • Can finance RD Guarantee fee of 1%
  • Minimum credit score of 620

Trulend Mortgage holds itself to extremely high standards of integrity, professionalism and customer service.  Contact us today! 

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