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USDA Loans are primarily used to help low-income individuals or households purchase homes in rural areas. Funds can be used to build, repair, renovate or relocate a home, or to purchaseĀ  a home.

Eligibility:

  • Applicants must have low to very low incomes. Very low income is defined as below 50% of the area median income; low income is between 50% and 80% of the area median income; moderate is 80% to 100% of the area median income.
  • Families must be without adequate housing, but be able to afford the mortgage payments, including taxes and insurance, which are usually 24% of an applicantā€™s income. Applicants must be unable to obtain credit elsewhere, yet have reasonable credit histories.
You have no idea what you have done for me, and my family. You are incredible people and I consider you more than just my lender; I consider you my friends. Christine Baker