You are here: Home / Loan Options / Featured / State and Local Housing Programs USDA
State and Local Housing Programs USDA:
Many state, county and local government programs offer financing for qualifying low-to-moderate income families wishing to purchase their home. State and Local Housing Programs USDA programs have many benefits for those wanting to purchase a primary residence. This loan is based on the population of the area and requires no down payment from the buyer. Usually the seller is allowed to contribute 6% toward the buyer’s closing costs, just like an FHA loan.
This program typically offers: