Rural tagged posts

Can I lease a home I bought with a USDA rural housing loan?

I will have occupied the house for 3 years.

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What is the rural housing program about?

All I can find online is the income stipulations and the eligibility requirements, but not what it’s for. We qualify financially and in our area, but what is it?
Thanks curse08. Sounds like nothing we want then! We have 20% down, but the home does need asbestos abatement so was wondering if this was a better option. Sounds like it is not in our situation!

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Is there a downpayment required if you get a manufactured home on a usda rural development loan?

i would ask my loan officer but its the weekend so hes not in. we’re just trying to keep our minds open while im researching.

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Can I build a house with a USDA Rural Development loan?

I already have some acreage, and all it would need is septic and well, along with a home of course. Would I need a contractor to build it? There are no homes in my area that would be USDA-approved for my loan amount.

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Can I use a USDA Rural Developement loan for new construction on a home?

I have found a lot in an area that does qualify for the RD loan. I am just curious is there any type of RD loan for new construction? If so how does it work?

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