USDA – Buy a House for a Penny!
In your are looking to buy a home with ZERO down payment, the USDA Rural Development loan is for you. USDA Guaranteed Rural Development Loans are 100% financing with no monthly Private Mortgage Insurance.
Just because you see the word “rural” n the program name, it doesn’t mean we’re talking farmland! Rural is generally defined as areas that are not densely populated and have fewer neighborhoods – but you might be surprised at how many neighborhoods qualify!