USDA Rural 100%

USDA Rural 100%

Benefits of the USDA Guaranteed Rural Housing Program:

In order to be eligible for a Rural Development guaranteed loan, the Borrowers’ adjustable household income cannot exceed the maximum allowable income limit set forth in Rural Development Instruction 1980-D §1980.348, Exhibit C (use moderate-income limits).

  • 102% Financing based on appraised value, if appraised value exceeds sales price, borrower can finance closing costs
  • No monthly mortgage insurance, 1-time guarantee fee of 2% that you finance into the loan.
  • No asset requirements.
  • Unlimited seller concessions and 100% gifting is allowed – Your borrower can purchase a home with no money of their own into the transaction.
  • Geographic and income restrictions apply, please use the following link to determine property and income eligibility:
  • Provides 100% loan-to-value financing for existing homes or new construction based on appraised value.
  • Available to low and moderate-income rural households.
  • No requirement to be a “first-time” home buyer.
  • Less up-front cash-to-close requirements for this program than for conventionally insured or FHA loans.
  • No monthly mortgage insurance required. One-time guarantee fee, payable to Rural Development (RD) at closing, which may be financed above the appraised value, as follows:
    • Purchases – 2.00% of loan amount
    • Refinances – .50% of loan amount
  • Fully amortized 30-year fixed-rate loans.
  • No penalty for pre-payment.
  • No maximum loan limit. Loan limits are dictated by the applicant’s income with respect to program eligibility and loan repayment ability. Previous ties to FHA loan limits have been eliminated.
  • The Program may not be used to refinance FHA, VA, or other government or conventional mortgages.

Get In Contact With BUYorREFI Financial By Phone or Email.


BUYorREFI Financial (NMLS 1838307)
Rhett Laufenburger NMLS# 221295
6532 West Leiber Place
Glendale, AZ 85310

Contact Us

BUYorREFI Financial
14780 W Mountain View Blvd
Suite #206
Surprise, AZ 85374

(480) 225-6699

SAT-SUN By Appointment only

This material is not from HUD or FHA and has not been approved by HUD or a government agency."  Remove the pictures of money from the home page as advertisements containing graphics of checks or currency are seen as unethical by NRMLA Ethics Advisory Opinion 2012-01. On the Reverse Mortgage page, edit the answer to "What restrictions apply to the cash I receive from a Reverse Mortgage," by adding an asterisk after non-taxable with the explanation to consult a tax professional.

Call Today (480) 225-6699