WHAT CAN WE DO FOR YOU?
The USDA Ohio Rural Development Loan is part of the Guaranteed Rural Housing program. It gives many options, making the program an attractive source of financing. An Ohio Rural Development Loan is for anyone looking to purchase a home in a rural area. There is no down payment required, and no purchase price limit. It provides a 30 year fixed rate mortgage; and you are able to finance all closing costs, prepaids, fees and repairs up to the appraised value. We routinely assist buyers in Ashville, Circleville, London, Orient, Mt. Sterling, South Bloomfield, Williamsport, West Jefferson, Commercial Point, Amanda and Lithopolis. Contact us to find out more about which specific Ohio areas qualify for the loan.
THINGS TO CONSIDER
No down payment required
We do business in many rural counties outside of Franklin county
Property must be located in an eligible rural area
No loan limit
Can finance all closing costs
Buyers must occupy the dwelling
Unlimited gifted funds and seller contributions
See What the USDA Can Offer You
There is no limit for gifted funds or contributions from the seller.
No Money Down
There is no down payment required, lowering your out of pocket at closing.
No Loan Limit
There is no purchase price limit or loan limit with the USDA loan.
Many areas in central/southern Ohio are eligible for the USDA loan.