USDA Loans

Delaware_USDA_Rural_Housing_Loan

USDA loans are to help low-income borrowers purchase homes in rural areas.

 

USDA loans features and benefits

• 100% financing – No Down Payment

• Closing costs may be financed on some transactions

• Flexible credit standards

• Reserves not required

• No limitation on seller contribution to help with closing costs

 

Loan Guidelines

• 30-Year Fixed Rate and Terms

• Owner Occupied

• Single Family Homes Only