Rural Housing (RH or USDA) Loans

For customers who want to purchase a home in a designated rural area defined by the USDA and meet limits set by the USDA based on the area such as annual income.

Terms:

Up to 360 months 

Loan Amounts:

Up to $417,000

Rate Type:

Fixed

Maximum Loan To Value (LTV):

Primary residences 100% LTV

Monthly Payment:

Principal plus interest

Annual Fee:

Guarantee fee for use of RH loan paid to USDA

Additional Features:

• Down payment not required
• Loans may include closing costs, guarantee fee and other prepaid items