USDA Loans

The U.S. Department of Agriculture (USDA) provides a loan guarantee program for individuals looking to buy a home in a rural community. Requires clients to fit federal income eligibility guidelines.

A USDA loan (also called a Rural Development Loan) is a home loan, insured by the government, which allows you to purchase a home with no money down. Fortunately, you can obtain USDA rural home loans with the help of Bank of England.

Bank of England offer USDA mortgages with 100% financing to qualified buyers. This program allows all closing costs to be either paid for by the seller or financed into the loan. USDA offers some the lowest rates of any loan, and the interest rate will always be fixed.

In order to qualify for a USDA home loan your home must be located in a designated USDA rural area. It is the goal of Bank of England, along with the USDA, to offer these USDA mortgage loans to help our nation's smaller, rural communities thrive by making land and property more affordable.

Our reliable mortgage bankers can help you begin with the loan process. Using only the highest-standard tools and resources, trust us to help you purchase your rural home without a hitch. Speak to a member of our team of mortgage professionals now to learn more about our USDA no down payment mortgage plans.

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