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
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No down payment required
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We do business in many rural counties outside of Franklin county
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Property must be located in an eligible rural area
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No loan limit
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Can finance all closing costs
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Buyers must occupy the dwelling
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Unlimited gifted funds and seller contributions
See What the USDA Can Offer You
Unlimited Gifts
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.
Local Market
Many areas in central/southern Ohio are eligible for the USDA loan.
