USDA loans offer outstanding benefits for borrowers who would like to purchase a home in eligible rural areas as defined by the United States Department of Agriculture. It’s also a great program for first-time homebuyers, and low-to-moderate income households.

• 100% financing
• No down payment requirement
• Very low, competitive interest rates
• Flexible credit guidelines
• 100% gift funds are permitted from an acceptable donor
• Up to 6% in seller concessions are allowed

Eligible areas are different in different parts of the country. They’re determined by community populations, proximity to major metropolitan areas, and the available mortgage credit in the area.

Ready to live the quiet rural life? Contact a NOVA Loan Officer to find the areas and see the available properties where you want to live.

The Program information shown is for informational/educational purposes only and does not represent a commitment to lend or extend credit. Other terms and conditions may apply. Contact your Loan Officer for more details.