0 % Down!!

                           USDA GUARANTEED

                     RURAL HOUSING PROGRAM

                                          Image result for usda rural development                                                                                         

  • 100 % FINANCING with no PMI

  • 2% Guarantee Fee can be financed into the loan 
  • Household Income Limitations: $73,600 for 1-4 person household, $97,150 for 5-8 person household


  • Unlimited Seller contributions (may change in future)
  • Not limited to "lower of" contract or appraisal - Closing Costs can be financed into the loan. Including guarantee fee, LTV can go up to 102% of the appraised value


  • Property must be in a rural area as designated by USDA - See USDA website 

         Click Here to Check Eligibility


  • Cities where properties may qualify 
  •  Gift Funds are allowed
  • Not limited to first time home buyers (buyers cannot currently own another home)


  • Qualified Ratios: 29/41 on existing homes and 31/43 on Energy Code Compliant Houses
  • Flexible credit for your purchaser
  • Credit scores of 620 is "free pass" on credit. Scores under 620 considered on a case-by-case basis.


  • Competitive market based fixed interest rates with 30 year term
  • Lot value must be less than 30% of the property value.
  • Government's approvals issued within 1-2 days after First Bank underwrites the loan.


Have questions? Give us a call 912 858 2858