On Wednesday, May 26th 2010 the USDA Rural Development office issued a notice that they will now be issuing conditional commitments up to $2.5 billion in loan guarantees. This is an emergency appropriation of funds that will allow the program to continue until the final bill is passed that will ensure all future funding of USDA Home Loans.
Update: As of July 29th, 2010 the lenders our network are now proceeding with applications in all 50 states!
Are you dreaming of purchasing your first home or maybe buying the next dream home? Do you lack the typical down payment that most banks require or maybe you’d rather keep your savings in the bank? A USDA guaranteed rural development loan might be for you. These government insured loans are one of the only options in the market today that do not require a down payment.
USDAHomeLoanApproval.com is committed to helping more people achieve the American dream of homeownership. A USDA home loan is a government insured loan created to increase the population and strengthen the economy in rural america. A common misconception is that USDA loans are only for farmers. Almost any area outside a major metropolitan city will qualify.
Don’t let someone you don’t trust handle one of the most important financial transactions in your life. Make sure you are working with an experienced rural development loan expert who will analyze your situation to determine if a USDA home loan meets your needs. Many banks and lending institutions are not familiar with USDA guidelines and some are not even aware these no money down home loans exist.








