« Back to News & Media

USDA Rural Development Mortgage — for low- or moderate-income borrowers in rural areas

Are you a low- or moderate-income household? Would you like to own a single-family home in a less populated area? The USDA Rural Development Mortgage (RD Loan), sponsored by the United States Department of Agriculture, is designed to promote homeownership in less-densely populated communities across the U.S.

But don’t let the name fool you! It’s not just for places far-removed from suburban or urban areas. There are many approved areas in Wayne and Ontario counties, as well as several other communities we serve.

  • No down payment required
  • Reduced mortgage insurance as compared to other programs
  • No limit on seller-paid closing costs
  • More lenient credit score requirements
  • Competitive 30-year fixed-rate program

Find out if my income is eligible

Find out if the property I want is eligible

Learn more about Rural Development Mortgages

SVG linear gradients