Rural Development Housing Service

CALL: 832 - 252 - 9031

What is a Rural Development Loan?

• A loan made, held, and/or serviced by a Single Family Housing Guaranteed Loan Program (SFHGLP) Approved Lender and guaranteed against loss by USDA Rural Development.
  

Benefits of Rural Development Loan?

• No USDA-RD limit on seller concessions
  

• 100% financing, no Monthly Mortgage Insurance Premium, and 30-year fixed rates.
  

• Affordable payments with less money out of pocket.
  

• No maximum purchase price
  

Eligibility Requirements for Rural Development Home loan.

1) Must be purchasing a Primary Residence in USDA Designated Rural Area

2) Household Income must be less than the Maximum set by USDA

3) Has Adequate and Dependable Income

4) Acceptable Credit History

Premier Home Mortgage

NMLS: 322977

14405 Walters Rd., Suite 360, Houston, Texas 77014

office: 832.252.9031fax: 832.252.9031

 

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