The USDA loan guarantee program allows buyers to finance up to 100% of the appraised value of the home they are purchasing. USDA loans do have restrictions based on property location, maximum income limits for buyers and are only available for buyers that currently do not own a home. To find out more about this exciting program you can visit the USDA web site at http://www.rurdev.usda.gov/rhs/common/indiv_intro.htm At this website click on “Loan Guarantee Program” to view the income limits for each county in your state and see maps indicating areas that qualify.  

This program is available for all loan originators using a loan coordinator certified to originate USDA loans.