The USDA Rural Development Loan Program is a government insured loan that allows for 102% financing for the purchase of a home. This is a great loan program for those who qualify and provides the lowest payment of all affordable loan programs.
Benefits of the Rural Development Loan:
102% Financing
No Down Payment Required
Low Fixed Interest Rates
Lowest Payment of Affordable Loans
No Mortgage Insurance/PMI
No Reserves Required
Not Just for First Time Home Buyers
Seller Paid Closing Costs Allowed
No Pre-Payment Penalty
Easy Qualification Process
USDA LENDER LIST
Disclaimer: www.usdaruraldevelopmentloans.com is not affiliated with any government agency. Manhattan Mortgage Corporation (MMC) is a licensed mortgage company that assists borrowers with USDA Home Loan Financing. We are not a government agency.