100% USDA Purchase / Rural Housing

USDA Rural Development Single Family Housing Guaranteed Loan Program was created to provide safe and sanitary homes to borrowers with low to moderate incomes. Houses approved by the USDA 100% Program are normally located in rural areas, but urban approved homes are also available.

Those seeking 100% financing, but do not qualify for VA loans, can apply with ACMG for a USDA 100% Loan of up to $417,000 on 1 Unit Properties, Condos and PUDs. Our USDA loans require no downpayment, have low monthly mortgage insurance, and the difference of appraised value and purchase price can be used for closing costs. Gift money is allowed and sellers are permitted to pay up to 6% of closing costs and prepaids.

  • No Downpayment
  • Loan Amounts to $417,000.00
  • Credit Scores Down to 620
  • Low Monthly Mortgage Insurance
  • Difference of Appraised Value and Purchase Price Can Be Used for Closing Costs
  • Gift Money Allowed
  • 1 Unit Properties
  • Condos
  • PUD’s

Seller can pay up to 6% in closing costs and prepaids.
(Longs, Loris, Conway – all rural)

To see if you qualify simply call 843.444.LOAN or Click Here To Apply Now