USDA Loans

USDA loans are backed by the U.S. government to improve the market for rural areas. Many people in rural areas only have local banks serving their loan needs. Bank loans are more expensive and usually shorter terms. Rural Kansans have options for mortgage loans.

USDA loans benefits:

  • No down payment
  • Very low interest rates
  • Flexible credit guidelines
  • No limitations on interested party contributions
  • Closing costs and prepaid expenses my be financed