USDA Rural Housing Loan

The Rural Housing Loan is a great loan to consider if you are purchasing a new home and want to conserve your down payment!
As a Branch Manager, and a Sr. Mortgage Planner I sincerely believe that the Rural Housing Guaranteed Loan Program is one of he best programs out there for home owners that want to minimize the cost to get into a new home. This website is dedicated to providing information on this program.

This loan allows you to combine great rates with the ability to include any or, in some cases, all closing costs into the actual loan.  These "costs" can sometimes include remodeling costs and applicances.  Definitely a program you need to look into!  We close alot of these loans, they are our specialty, so feel free to call or email us with your questions.

This webiste will go into some of the basics about the program, but like most government programs, there is alot more to it than can be easily put on a website.  Review the information here, but you should definitely give us a call or shoot us an email.  We look forward to talking with you soon about this program!  

Under the Guaranteed Loan Program, the USDA office of Rural Development (RD) guarantees loans made by approved lenders. A loan guarantee through RD means that should the individual borrower default on the loan, RD will pay the approved lender for the loan. This guarantee provides additional security to the lender and enables borrowers to buy a home with no money down.

Over three-quarters of the United States and most of Michigan is eligible for the Rural Development guarantee, whether you are in town or in the country. Under the terms of the program, an individual or family may borrow up to 100% of the appraised value of the home eliminating the need for a down payment and possibly all closing costs. Since a common barrier to owning a home for many potential borrowers is the lack of funds to make a down payment, the availability of a loan guarantee from RD makes the dream of homeownership a reality for many Americans.

Margot Hornblower-Sr. Loan Officer  is proud to offer these fantastic loans.  Our branch specializes in no down payment Guaranteed Rural Housing loans. You benefit because by specializing we know the ins and out of the program.  We work closely with Rural Development Offices and underwriters.  Margot Hornblower, is committed to guiding you painlessly thru qualification, application and closing with this loan.

Click below for more information on the following:

TOLL FREE Phone 866-503-5300
or go to our website at
Feel Free to email me at:

Apply Now

Return to Loan Options