USDA Home Loans

USDA mortgages are a great way for rural homeowners to get up to 100% financing — and several other benefits — on a new home! Whether you’re looking to buy, build, repair, renovate, or even relocate a home, a USDA rural home loan from CrossCountry Mortgage can help you make your homeownership dreams come true. Buying a home is now well within reach for rural residents thanks to USDA rural home loans. The mission statement of the USDA home loan program is “to improve the economy and quality of life in rural America.” It was created by the U.S. Department of Agriculture to assist low and very low income applicants in obtaining decent, safe, and sanitary housing in eligible rural areas. The housing provisions set in motion by the USDA mortgage program encouraged rural homeownership by providing payment assistance to increase an applicant’s repayment ability. The payment assistance provided by USDA rural home loans is a type of subsidy that reduces the mortgage payment for a short time, and the amount of assistance is determined by the adjusted family income.