
How does the USDA Existing Manufactured Home Pilot Program Work? The USDA Existing Manufactured Home Pilot Program, which is geared towards providing financing... Read More
In order to receive a USDA mortgage, the property must also be located in an eligible rural area as determined by USDA.
What Qualifies as a Rural Area?
In order to be an eligible property, rural areas are generally defined by USDA as:
USDA Minimum Property Requirements (MPRs)
To ensure the house meets USDA guidelines, a qualified appraiser will inspect the property to ensure it meets the minimum property requirements set forth in HUD’s Single Family Housing Policy Handbook 4000.1 (SF Handbook).
How does the USDA Existing Manufactured Home Pilot Program Work? The USDA Existing Manufactured Home Pilot Program, which is geared towards providing financing... Read More
Can you qualify for a USDA loan to buy land next door to the home you are purchasing? What can be done when a homeowner wants to sell both their property... Read More
What inspections are required for a USDA Loan? Once the sales contract is signed, you might wonder if a home inspection is required for a USDA loan? In... Read More
Can you finance a pool with a USDA loan? When it comes to USDA loan swimming pool guidelines there is still the myth that USDA loans will not finance a... Read More
What are USDA Loan Well Water Requirements? In the rural communities that we serve, you can probably guess that this is a common question. However, it... Read More
How do flood zone maps affect USDA mortgage eligibility? Can you buy a home that is in a flood zone with a USDA mortgage? These are great questions, because... Read More
Do USDA Loans have acreage limits? Acreage questions and USDA loans seem to go hand in hand. This also happens to be one of the most common questions that... Read More
USDA loans are sought after by homebuyers since they allow for no down payment and offer financing flexibility. Additionally, USDA guidelines have recently... Read More