USDA Rural Development Loans

With the USDA Rural Development Loan program homeownership is possible even if you aren't able to make a down payment on your mortgage loan. Our Mortgage professionals are here to help answer your questions and step you through the approval process.

Eligible borrowers may qualify up to 101% of appraised value for purchases and 101.5% of appraised value for refinance (refinance only available for current Rural Development loans)

Must meet Rural Development income limits

Owner occupied, one unit, primary residence only

Seller can contribute up to 6% financing concessions

No down payment required

Monthly mortgage insurance based on term and loan-to-value as defined by Rural Development

Minimum credit score of 640

Free pre-qualification


Subject to program availability and credit and underwriting approval. No manufactured homes are allowed. Non-occupant co-borrower not allowed.

Available to Indiana and Kentucky Residents. 

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