USDA Loan Program

USDA Rural Development Single Family Housing Guaranteed Loan Program

Guaranteed Loans Offer Affordable Financing To Rural Homebuyers in Maine.

The mission of USDA Rural Developmentā€™s Single Family Housing Guaranteed Loan Program is to assist low to moderate income rural homebuyers achieve their dream of homeownership!

Rural Development extends 100% financing opportunities to eligible rural individuals and families for the purchase of safe and sanitary dwellings in California. Guaranteed loans have assisted thousands of homeowners to purchase a home with affordable interest rates and loan terms.

Applicants must purchase a home within the eligible rural areas, and have a household income that does not exceed the established limits for the county where the home is located. Additional Guaranteed Loan Features include but are not limited to:

  • 100% financing, no down payment is required. The loan amount may not exceed 100% of the appraised value.
  • Flexible credit guidelines. Non-traditional credit histories may be accepted.
  • Fixed 30 year interest rates apply.
  • Income eligibility limits apply
  • Property must be in an eligibleĀ area

At Cal Tech Mortgage Company, we are proud to offer the USDA Rural Development loan.