The USDA Rural Development Single Family Housing Guaranteed Loan Program.
Wow. That is the huge title that encompasses a wonderful 100%, no down payment home buying product. It may work for existing homes, new construction, condos and manufactured homes.
Another cool element: eligible repairs and improvements may be included in the loan. The fine print: applicants must purchase a home within eligible rural communities. But many Oklahoma communities, such as Skiatook and Owasso, OK, have large inventories of eligible properties.
To check on a properties eligibility call me at 918-949-7248.
To apply for a RD loan click here.
To read our blog on RD homes click here.