The USDA Rural Development Loan Program allows low to moderate income rural home buyers achieve their dream of homeownership. This program is excellent for rural Colorado towns such as Windsor, Eaton, LaSalle, Wellington, Mead, Severance, parts of Loveland, Berthoud, Firestone and Frederick.

Program Benefits:

  • 30 year Fixed Rate Loan
  • 100% Financing
  • NO down payment
  • NO prepayment penalties
  • Flexible credit guidelines (FICO scores below 640 require an exception)
  • Gift funds and seller concessions are allowed
  • Not limited to first time homebuyers (but can’t currently own a home)
  • Upfront Guarantee Fee of 2% may be added to loan amount
  • Low monthly funding fee of .4%

Eligibility Requirements:

  • Income can not exceed 115% of the median household income for the area ($89,350 for Fort Collins/Loveland areas or $78,650 for the Greeley area. Up to 1-4 members of household)
  • Property must be located in rural area as designated by RHS – refer to USDA Income and Property Eligibility Website
  • New EXPANDED Areas now include Windsor and Timnath!!!

Call Cathy (970-691-0368) or Kailee (970-331-2868) or fill out our contact form for more details and a list of participating lenders.