Lincoln Lending
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At a Glance

The USDA Rural Development home loan program, also referred to as the RD loan or RD mortgage, is designed for borrowers in rural areas with limited income. USDA RD loans do not require a down payment in order to obtain financing.

Here are just a few additional guidelines:

Minimum credit score of 620   |   Borrower must be buying in a rural area (Non-metro areas. Ex: Noble, Tuttle, etc.)   |   Zero down payment required
USDA Funding Fee is 1%   |   Income limit ranges from $78,200-$103,200   |   Modest monthly mortgage insurance (Around $42 per month for $100,000)