USDA Rural Housing Mortgage: What You Need to Know

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Cory Kessenich here with Inlanta Mortgage in Madison, WI. Today I’d like to talk to you about financing with the USDA Rural Development program. This loan program is designed to help an individual obtain a home with little or no money down in rural areas only. This is a great way for a potential home buyer to get into a home. The USDA program has been around for 70 years. It was part of many government sponsored ideas to stimulate growth through out the country during the great depression. While the program has gone through many overhauls and changes over the years, the underlying goal has remained: To help people purchase homes with a reasonable loan program. View the video above for additional information or visit our USDA rural housing page on our website: www.madisonmortgageloans.com Visit us online at www.madisonmortgageloans.com or http Facebook: www.facebook.com Twitter: twitter.com Email: cory.kessenich@madisonmortgageloans.com Toll Free: 877-240-5810 Inlanta Mortgage is a mortgage banker licensed in Wisconsin, Arizona, Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri and North Dakota. We offer USDA Rural Housing loans for purchase and refinance transactions. Prequalify today!

2 comments to USDA Rural Housing Mortgage: What You Need to Know

  • madisonmortgageloans  says:

    Thanks for your question. We must’ve missed this. I apologize for the delay. We cannot go below 640 due to our lender’s overlay. They are simply not comfortable with that fico threshold. If you’d like more´╗┐ info on lender specific guidelines, please check out our video on Mortgage Overlays.

  • dna2010JellyPeanut  says:

    Great video! Thanks for your time.

    How come Inlanta´╗┐ won’t go below a 640 credit score?

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