Zero Downpayment Rural Loans

The United States Department of Agriculture (USDA) provides a Rural Development guaranteed loan program that targets home buyers in rural communities.

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This program allows 100% financing without mortgage insurance!

Call me for a free prequalification.

Purchase your home in any of these communities with zero downpayment!

  • Canby
  • Damascus
  • Banks
  • Boring
  • Sandy
  • Welches
  • Estacada

North Plains and many other communities throughout Oregon and Washington.

Some of the highlights:

  • owner occupied homes
  • NOT limited to first time buyers!
  • 100% financing
  • no prepayment penalty
  • fixed interest rates
  • purchase new or existing single family homes, condos, PUD’s (no refinances)
  • guaranteed by the USDA
  • closing costs can be financed
  • no restrictions on the size or design of the home
  • no mortgage insurnace
  • must be a residence and not a farm
  • no minimum credit score required
  • home buyer education is required but this isn’t a big deal
  • no in ground pools oddly enough
  • there are income limits but they are not overly restrictive
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