USDA Rural Housing Program

Corridor Mortgage Group has developed extensive in-house expertise and is dedicated to helping homebuyers obtain financing in rural areas in conjunction with the United States Department Agricultures Rural Housing Program.  

The Guaranteed Rural Housing program offers a variety of benefits such as:

• Provides 100% loan-to-value financing for existing or new homes based on appraised value. 
• Available to low and moderate income rural households.
• No requirement to be a "first time" homebuyer. 
• Less up-front cash to close requirements for this program than for conventionally insured or FHA loans.
• No monthly mortgage insurance required. 
• Fully amortized 30 Year Fixed Rate loan terms.
• Up to 6% seller concessions for closing cost assistance.
• Grant money is available on a case-by-case basis (up to 102% of the property’s appraised value).

The Rural Housing program is available on a county-by-county basis. Click here to find out which counties are eligible for this program, or contact us today.