Category: USDA Rural Development Loans

Are Government Loans Worthless?

We recently heard that another lender in our area used the word “worthless” in reference to government loans. We couldn’t believe that choice of words over here at RMN because it’s simply not true! It’s no wonder that buyers and Realtors are sometimes confused about financing options! We don’t mean to offend, but if spreading…

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RD Loans are Perfect for First Time Home Buyers in Iowa

According to a recent article by FreddieMac, housing preferences have “shifted towards larger homes that are more conducive to remote work and virtual learning. As a result, more and more people are moving to suburbs and rural towns.” However, data suggests that this shift began long before the COVID-19 pandemic. The shift to rural home…

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FAQs about the USDA Rural Development Program

The USDA Rural Development (RD) Program is one of our most asked-about loan programs. With eligible towns in all 99 counties in Iowa, it’s not hard to see why!  What is an RD Loan? USDA Rural Development loans are available to buyers looking to purchase a home in a community with a population of 20,000 or less.…

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Working with the Right Lender for Your RD Loan

The Rural Development loan program is an important part of the Iowa housing market. RD loans are a great option for anyone moving into a community of 20,000 or less and the program is near and dear to our hearts. Because of this we have many, many years of experience processing and underwriting Rural Development…

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Buying a Rural Home? Consider a USDA Rural Development Loan!

The USDA Rural Development program is one of our most asked-about loan programs. With eligible towns in all 99 counties in Iowa, it’s not hard to see why! Learn more about the many benefits of a Rural Development loan. USDA Rural Development Requirements USDA Rural Development loans are available to buyers looking to purchase a home in…

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When it Makes Sense to Use the USDA Rural Development Program

We hear it all the time, “my friend told me to call you about a mortgage loan they got from you – something like Rural Development”. Buyers don’t know what they are asking for – but they know their friends bought a home using it and they want to, too! Realtors and buyers alike don’t…

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