January 31st, 2019 3:00 AM by Nathan Rufty
USDA Rural Development in Yucca Valley CA administers the Single Family Housing Guaranteed Loan Program. Please review the following information and our Yucca Valley CA Guaranteed Approved Lender List for your convenience.
This program assists approved lenders in providing low- and moderate-income households the opportunity to own adequate, modest, decent, safe and sanitary dwellings as their primary residence in eligible rural areas. Eligible applicants may build, rehabilitate, improve or relocate a dwelling in an eligible rural area. The program provides a 90% loan note guarantee to approved lenders in order to reduce the risk of extending 100% loans to eligible rural homebuyers.
Funds backed by loan guarantees be used for:
Nathan Rufty is a mortgage professional loan officer who specializes in USDA home loans in your city and offers a free consultation at 909-503-5600.