USDA Loan Programs

USDA Rural DevelopmentAs a part of USDA Rural Development, the USDA has a mission is to improve the quality of life in rural areas. Housing and Community Facilities Programs help rural communities and individuals by providing home loans and grants for housing and community facilities. The USDA can provide funding for single family homes, apartments for low-income persons or the elderly, housing for farm laborers, childcare centers, fire and police stations, hospitals, libraries, nursing homes, schools, and much more.

USDA - 100% Financing

The major benefits are

• 100% mortgage LTV based on the APPRAISED value.

• Zero down payment and there is no minimum contribution required.

• No limit on seller concessions or gift.

• No mortgage insurance required.

• No reserves required.

• 30 year fixed rate only.

• Lenders must be USDA approved.

• Low interest rates, this is not a sub-prime mortgage.

• Flexible Credit Guidelines.

In partnership with non-profits, Indian tribes, state and federal government agencies, and local communities, Housing & Community Facilities Programs (HCFP) creates packages of technical assistance and loan and grant funds to assist more rural communities and individuals. In the years to come, HCFP hopes to strengthen these partnerships as well as their relationships with borrowers and grantees.

As a specialist in these programs, Diane Giannelli works with prospective buyers in obtaining loans within rural communities using the USDA's Housing & Community Facilities Programs.

Find out how one of these programs may benefit you!
Call Diane Giannelli today at (760) 415-7982.

Basic Pre-Approval

Get the Best Mortgage Rate! Tell us a little about your current needs and we can use that information to match you with just the right loan.

Tell us about your loan needs.
How can we get in touch with you?
Tell us about your credit history.