USDA Rural Development Loan
Zero-Down Home Loans
The USDA Rural Development loan provides 100% financing of a home in a RD eligible area. Over 85% of Michigan is geographically eligible for this loan. RD offers more relaxed guidelines than traditional loans.
The Rural Development loan offers:
- No down payment.
Low monthly mortgage insurance. - Seller can pay for most, if not all your closing costs.
640 credit score required.
Bringing affordable housing to rural America.
- Fixed rate terms available
Click here for a map of eligible USDA-RD areas.
Easy Quote
You can still buy a home with Zero Down!
USDA Rural Development Loans are used for a primary residence only and are HUD insured.
- Purchase / Refinance (rate and term AND cash out)
- Income and Geographic restriction apply
- Fixed Rate & Adjustable-Rate options available
- 30 year terms available