USDA Rural Development offers home mortgages
Published 10:08 am Thursday, January 21, 2016
USDA Rural Development is offering a subsidized housing program designed to assist low-income, creditworthy families and individuals in purchasing existing or building new homes in rural areas.
To qualify, applicants must meet the low-income limit for the county in which they would reside; have acceptable credit history and meet certain debt-to-income ratios. Terms include no down payment with 33-year fixed rate.
For more information on the programs offered by USDA Rural Development, contact the Lynchburg Office at (434) 239-3473 ext. 105 or visit our website at www.rd.usda.gov.