100% financing USDA Home LoansOctober 2012 - USDA Rural Development loan programs continue to be the most popular no money down mortgage for millions of Americans.
"NOT JUST FARM LOANS ANYMORE" - USDA loan popularity has continued to escalate over the last several years due to recent changes that have made millions of borrowers eligible for rural mortgage programs. USDA rural development loans are presently the only zero money down mortgages available to people wanting to purchase a home who are not military veterans. 100% USDA rural home loans are offered to borrowers with low monthly mortgage insurance and great low interest rates.
What does this mean to you? In simple terms, it means that a USDA rural housing loan will almost always have a lower monthly payment than similar loan programs because there is lower monthly mortgage insurance added to the payment. And you can purchase a home with no money down. There hasn't been a better time to take advantage of these exciting low rate USDA home loans and experience home ownership now.