The California USDA Rural Development home loan program allows home buyers the chance for affordable housing. What's more - this program allows for true 100 percent home loan financing. Though the program is focused on rural areas, many eligible areas actually feel more urban or metro.
This is especially true for areas of Central California, as the housing boom stopped here last, leaving many new homes vacant in areas that have not yet been annexed by cities or municipalities.
Could a California USDA Rural Development Home Loan Be For You?
Let's take a look at some of the basics of this great program:
This program is one of the very few remaining true 100 percent home loan financing option out there. If you feel you might qualify, you should really take a look into it. Here are some of the main stipulations you'll need to meet if you wish to qualify for the California USDA Home Loan program: