USDA Rural Housing Loans

Are you ready to own a home but are not sure you will qualify due to lack of a down payment?   

Rural Development may be able to help you!  USDA Rural Development has partnered with Schaefer Mortgage to help extend 100% financing opportunities to rural individuals and families.

Advantages of a USDA Rural Housing Loan include:

  • 102% Financing (Up to Appraised Value)
  • No PMI
  • No Down payment Needed
  • Not just for first time home buyers
  • No reserves required
  • No limit on seller concessions
  • 100% Gift Allowed
  • Liberal compensating factors
  • Flexible credit score guidelines
  • No maximum purchase price limit
  • Repairs and improvements can be included in the loan
  • Competitive fixed 30-year rates

The Rural Development guaranteed loan program has assisted thousands of customers just like you. 

 

Get Started Now > Find a Loan Officer

 

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