USDA Rural Housing loans

USDA Rural Housing loans

USDA (United States Department of Agriculture) Rural housing loans offer alternative financing for properties classified in rural area’s

Rural housing loans offer 100% financing for homes located generally in: Macomb Township, Clinton Township, Chesterfield Township, Harrison Township and St. Clair Shores, but also south of Ypsilanti and Taylor but outside of Monroe and north of Lake Orion, Rochester Hills and Anchorville.

Give us a call for more specifics on eligible area’s

There are income limits for Rural housing loans. For the state of Michigan they are generally $92,600.00 for a 1 to 4 person family. You can get a USDA loan with credit scores as low as 600.

There are three different types of USDA Rural Housing loans:
1) Loan Guarantees – This allows you to get w low interest rate with little to no money down.
2) Direct Loans – For low and very low income applicants, there may be an insurance premium if you put little to zero down however.
3) Home Improvement loans and grants – These packages often combine both a loan and a grant and awards people who need to fix or repair their houses.

The USDA has one of the least known government mortgage assistance programs. Get into housing today!

We underwrite these loans in house and have plenty of experience. Give us a call and let us help you figure out all of your options! (313) 218-7492

Getting started is easy. We offer very competitive rates, have great service, and always close on time.


Gold Star Mortgage Financial Group - Christopher Chaffin NMLS # 3446
Christopher Chaffin NMLS # 158336

Contact Us

Gold Star Mortgage Financial Group - Christopher Chaffin
100 Phoenix Drive
Ann Arbor, MI 48108

(313) 218-7492

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