top of page

USDA Rural Development Loans

USDA Rural Development’s Single-Family Housing Guaranteed Loan Program is an excellent program for those low to moderate-income families looking to purchase in a rural area, who do not have money to put down for a down payment but do have acceptable credit ratings. Both the borrower’s income and the home’s location must meet the USDA’s eligibility guidelines. Currently, this loan is only offered on a 30 year fixed rate term. There is no down payment required, which allows you to finance 100% of the purchase price.

A USDA Guaranteed Loan is a government-insured 100% purchase loan. USDA does not make a loan directly to a borrower but guarantees a loan made by a direct lender that meets federal guidelines. The loan amount cannot exceed 100% of the appraised value; however, the guarantee fee may be financed and included in the loan amount. USDA loans also require an annual premium that is paid monthly. These loans are offered in rural areas and serviced by direct lenders.

Learn more about other loan programs

Contact Information

Classic Mortgage Corporation

Phone: 269.649.1371


Hours of Operation

Monday - Friday: 9 AM - 5 PM

Evenings & Weekends by Appointment


104 S Michigan Ave

Vicksburg MI 49097

bottom of page