USDA Guaranteed Rural Housing Program

The USDA Guaranteed Rural Housing program extends 100% financing opportunities to eligible rural individuals and families for the purchase of safe and sanitary dwellings. As an approved lender, we offer this financing option and can help applicants purchase a home with affordable interest rates and loan terms.¹

Features include:

Budget-friendly benefits

No minimum down payment or cash reserve requirements; closing costs and fees may be financed as part of the loan amount up to 100% of the appraised value.²

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Contributions allowed

Interested party contributions up to 6%; gifts and grants are permitted.

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Built-in resale advantage

Loans are assumable, with Rural Development (RD) approval, giving qualified future buyers an option to take over your existing interest rate and remaining loan term.

Contact your local Mortgage Consultant for more information about your home buying options!

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No or low down payment options may not be the best product for all borrowers. Please consult your mortgage consultant to discuss your financing options.

Prosperity Home Mortgage, LLC, Prosperity Home Mortgage, LLC dba DFW Texas Mortgage,  Prosperity Home Mortgage, LLC dba Edina Realty Mortgage, Prosperity Home Mortgage, LLC dba FM Lending Services, and HomeServices Lending are not affiliated with or endorsed by any government agencies.

1. Eligible only for single family, primary residences purchased within the eligible rural areas as defined by the USDA. Credit is subject to approval. Property location, asset and income restrictions apply, and home buyer education may be required.

2. A guarantee fee is charged and collected at the time of closing and can be paid by the buyer or seller, or financed. Loan amounts may exceed the appraised value of the property (e.g. >100% LTV) to include the amount of a financed guarantee fee. This applies only to loans for which all or a portion of the guarantee fee is being financed into the loan.

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