USDA Rural Housing Loans
FMB Mortgage, A Division of Farmers & Merchants Bank
Affordable, fixed-rate financing just got easier!
Rural Housing loans, sponsored by the U.S. Department of Agriculture, are designed to make homeownership more affordable for borrowers in rural communities. For qualified borrowers, a Rural Housing loan can provide up to 100% financing with competitive rates and terms.
Benefits of a USDA Home Loan
Up to 100% financing
Low monthly mortgage insurance premiums
Low closing costs
Affordable fixed rates
Flexible credit and qualifying guidelines
Available on new or existing homes
To expedite loan approval, collect the following:
- Current driver's license
- Pay stubs covering the last 30 days
- Past two years' W-2s
- Past two months' bank statements and/or other financial statements
Additional documents may be required.
All loans subject to approval. Maximum loan amounts apply. Programs, rates, terms and conditions subject to change without notice. Certain restrictions, terms and conditions may apply. Contact your lender for more details or to see if you qualify.
