The Department of Agriculture provides low-interest, no-down-payment loans to farmers and other qualified borrowers with low to moderate incomes buying property in rural areas or small towns who are unable to obtain loans elsewhere.
Benefits & Eligibility
- No down payment
- No cash reserve requirement
- No first time homebuyer requirement
- Fully amortizing 30-year fixed rate loan
- No seller contribution limit
- Loan amount can include closing costs and repairs, up to appraised value
- New and existing homes are eligible
Feel free to contact us with any questions you may have regarding this loan product.
(908) 516-2190 | Contact Us
This information is not intended to be an indication of loan qualification, loan approval or commitment to lend. Loans are subject to credit and property approval. Other limitations may apply and not all products are available in every state. Availability of programs is subject to change without notice. Please contact me for more information.
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