Changes Coming to USDA Rural Housing Loan Eligibility

Access to affordable, safe mortgage financing is a struggle for many rural Americans. Large banks and mortgage lenders often do not operate in rural areas. The condition of many homes, while typical for rural areas, do not meet the property requirements associated with the Federal Housing Administration or Department of Veterans Affairs mortgage financing programs. Without the home loans provided through the U.S. Department of Agriculture’s (USDA) Rural Housing Service, the housing markets