USDA RURAL HOME loans

features and details

USDA RURAL HOME LOANS

features and details
The guaranteed rural housing loan program allows for low to moderate income households to do 100% financing.

Features and Details

  • No down payment required
  • 6% seller contributions allowed
  • Owner-occupied only
  • Buyer cannot own other properties
  • Minimum 640 credit score
  • Household income limits apply
  • Gift funds allowed towards closing costs, prepaids and discount points
  • Property must be located in area designated for “Rural Housing” loans

Equal Housing Opportunity logoAll loans are subject to credit and property approval. Programs, rates, terms and conditions are subject to change without notice. Not all products are available in all states or for all loan amounts. Other restrictions apply.

Goldwater Bank, N.A. - Mortgage Division | Corporate NMLS# 452955 | Equal Housing Opportunity

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