USDA Rural Housing Loans

House with white picket fence 0% Down Loans USDA and PHFA


 

Philadelphia Mortgage Advisors offers USDA Guaranteed Rural Housing financing! The Rural Housing Program provides homeownership opportunities to low and moderate-income rural buyers through the USDA Loan Guarantee program which may be the answer to your needs.

Features of USDA Rural Housing Loans:

  • No downpayment required for eligible buyers.

  • For existing homes or new construction in USDA-defined geographical areas only.

  • Available to low and moderate-income rural households (income limits apply).

  • Seller can pay ALL closing costs.

  • Lender credit available for closing costs.

  • No first-time buyer requirement..

  • 30-year fixed-rate loans.

  • Gifts are allowed from family member.

  • Lender assists are allowed.

  • Low monthly guarantee fee.

 

For more information about USDA Rural Housing programs, contact us or visit www.usda.gov.

 

Property and income eligibility regulations apply. Buyer must qualify. Contact for full program details.