RHS Loan Program
- RHS Loan Programs:
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The U.S. Department of Agriculture offers a variety of programs to help low to moderate-income individuals living in small towns or rural areas achieve homeownership. The Rural Housing Service (RHS) helps qualifying applicants, who cannot receive credit from other sources, purchase modestly priced homes as their primary residence.
RHS Loans are an attractive option because:
- Minimal closing cost
- Low or no down payment
RHS loans can be used toward the purchase and renovation of a previously owned home or a new construction. Families must be able to pay their monthly mortgage, homeowner's insurance and property taxes.
Follow this link to determine if your property is eligible for USDA Rural Housing Financing and also if you are eligible within the income limits
http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?NavKey=home@1
Contact me to find out if you qualify for an RHS loan!
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