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The Front Porch Blog

Education on all things homeownership

100% Financing for Rural America!

October 31, 2017 Industry News

Do you prefer pastures over pavement? If so, the U.S. Department of Agriculture (USDA) has designed a program to serve our country’s eligible rural residents called the Section 502 Guaranteed Rural Housing Program. A big name for an even bigger opportunity! This program is a zero-down payment mortgage that supports affordable housing and community development in rural areas across America and allows for 100% financing with a low annual insurance premium. If you have a steady income, yet are unable to qualify for conventional financing, the dream of affordable homeownership may still be in your future!

Sources: hud.gov ruralhome.org