USDA Rural Home Loan Experts Helping Veterans

A USDA rural home loan is a great option for veterans and their families who want to live in the country, but may not have served the necessary time for VA Entitlement. The United States Department of Agriculture’s Rural Development Office offers these programs because “Well built, affordable housing is essential to the vitality of communities in rural America. Housing Programs give families and individuals the opportunity to buy, build, repair, or own safe and affordable homes located in rural America.” 

A rural area is defined as having a population of fewer than 20,000. Towns near major population centers do not qualify. The USDA Rural Home Loan is income-based, and is available to people whose income is 115% of the HUD median income for the area where they wish to establish a home. The experts at the Farm Loan Center can help you navigate the process of applying for these loans, starting by helping you determine which type of loan best meets your needs and whether or not you qualify. 

At the Farm Loan Center, we provide lending services nationwide, assisting people in understanding and applying for several types of government housing loans:

Our major focus is helping veterans to find a home loan to meet their needs. It might surprise you to know how many vets either grew up in or currently reside in the country. The Veterans Administration (VA) estimates that there are 4.7 million veterans living in rural areas today. According to the USDA’s Rural Veterans at a Glance report, “…a disproportionate share of men and women serving in the military grew up in rural counties…thus rural Americans are disproportionately represented in the veteran population…” If you are a U.S. military veteran and would like to raise your family on property where you can grow your own food or raise livestock or crops for additional income, the Farm Loan Center can help you find the USDA Rural Home loan that is right for you. 

 

Perhaps while you served your country far from home, you dreamed of starting a dairy farm in Pennsylvania when your service ended. Maybe you made plans for a chicken farm in Ohio, a beef operation in Texas or just a small Oregon farm where you could grow your own food. No matter what your dream, the Farm Loan Center can help make it a reality. Contact us today at (800) 644-9039 so we can help you get started, or you can apply online. Specializing in rural home loans for veterans, the Farm Loan Center is proud to serve those who served our country.