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USDA home loans offer 100% financing, low rates, and affordable payments. Can I buy a new construction home with a USDA mortgage?
MH Eligible for USDA Rural Development Home Loan Programs. – The loan provides qualified borrowers up to 100-percent financing on a 30-year fixed-rate loan, while eliminating the need for a down payment or private mortgage insurance. The USDA also has a direct home-loan program where we serve as the lender and provide 100-percent financing on home loans to eligible rural residents. Payment subsidy is.