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.

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BUYorREFI Financial (NMLS 1838307)
Rhett Laufenburger NMLS# 221295

Contact Us

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

(480) 225-6699

SAT-SUN By Appointment only

BUYorREFI Financial 14780 W Mountain View Blvd Surprise AZ 85374 (NMLS # 1838307). 480-225-6699. Copyright © 2023 BUYorREFI Financial. All Rights Reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates, and programs are subject to change without prior notice. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. BUYorREFI Financial is an independent mortgage broker and is not affiliated with the Department of Housing and Urban Development or the Federal Housing Administration. MB-1000724