Friday 19 February 2016

USDA Rural Development Loan Requirements Michigan.


USDA Rural Development Loan Requirements are determined by the following. http://www.fhaloanmichigan.org 866-421-2821

The USDA Rural Development loan provides 100% financing meaning it is a zero down payment loan.

Applicants must:

Meet income-eligibility
Agree to personally occupy the dwelling as their primary residence
Be a U.S. Citizen, U.S. non-citizen national or Qualified Alien
Have the legal capacity to incur the loan obligation and meet established credit guidelines

The borrower must purchase a property that meets all program criteria in a rural area
Be a U.S. Citizen, U.S. non-citizen national or Qualified Alien
Read more about USDA Rural Development Loan Requirements Michigan

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