USDA Rural Development Loan

USDA Rural Development Loan - Minimum 0% Down

Looking for a way to buy your first home with no money down? Michigan Mortgage Solutions has the perfect solution – the USDA Rural Development Loan. This program offers low interest rates and low monthly mortgage insurance, making it easier than ever to own your own home. There are a few limiting restrictions for USDA Rural Development loans that you need to be aware of.

First, the program is based on the property being located in an area that is considered rural. In Michigan that means just outside any major city. There is an interactive map that allows you to enter an address to see if the property would be eligible. You can find that map by clicking the following link: USDA Eligibility MAP

The second restriction has to do with household income. The USDA has established income limits by county as well as number of members within the household. In order to qualify for the program, your household income cannot exceed these limits. The USDA Rural Development Loan income limits can be found by visiting the following link: USDA Income Eligibility

It’s also important to know that this program requires both an upfront mortgage insurance and a monthly mortgage insurance. The upfront mortgage insurance is one percent of the loan amount and it gets financed as part of the loan. The monthly mortgage insurance is 0.35% of the loan amount divided by twelve. The monthly mortgage insurance does not cancel and is paid until the loan is refinanced to a Conventional loan or paid off.

USDA Rural Development Loan Highlights

If the home you’re interested in is eligible for the USDA RD loan and your household income falls within the limit, this is a great opportunity for anyone who wants to become a homeowner. Give us a call today to learn more about the USDA Rural Development Loan – we can’t wait to help you take the next step in your life! Contact Michigan mortgage Solutions at 248-963-1894 or click the Purchase Button below to get your low rate USDA Rural Development Loan Today!

Beatzbydyn Dorsey
Beatzbydyn Dorsey
12/04/2023
Jason is the best..we are officially homeowners thanks to him❤️
Kacey Young
Kacey Young
27/03/2023
Thank You Jason and Trevor You guys are Awesome ‼️ MMS make the impossible POSSIBLE! Michigan mortgage solutions stand Solid On Their WORD. As long as the buyer play their part Jason Nolan and Trevor would do the rest of the pushing. MMS IS Highly Recommend!! Give Michigan Mortgage Solutions A Call And Watch Your Dream House Come True.
Keon James
Keon James
11/03/2023
Jason helped me in every way possible. Very determined to get the job. Very knowledgeable in his profession. He can turn any situation into a GREAT situation. Trevor also assisted and same goes for him. A amazing company to go through!
Geetanjali Dutt
Geetanjali Dutt
11/03/2023
My experience with Jason and his team was absolutely fantastic. As a first time buyer I needed guidance and Jason was there through every step, his team made all the processes so easy and smooth! 10/10
Melanie Krebs
Melanie Krebs
03/03/2023
By far the best experience I’ve had working with a lender. Very helpful and easy to talk with. And they helped us get into our perfect home faster than I ever could have imagined.
Emily Adams
Emily Adams
12/02/2023
Jason was great to work with during the mortgage process and really made everything simple and quick! He was available to talk to whenever needed and always helpful. I would definitely refer him to my family and friends!
Cathy Mason
Cathy Mason
20/01/2023
Jason Nolan recently guided us through the process of a Reverse Mortgage for my Mother-in-law. He was so helpful and so knowledge and that made everything go extremely smooth. Jason followed up constantly and got back to us immediately with the answers to all of our questions. He’s so patient, trustworthy and professional. If we ever have any home financial needs in the future, we would go back to Jason 100%. The Mason Family
Marisa Hernandez
Marisa Hernandez
14/12/2022
I am so happy I found Michigan Mortgage Solutions to assist with my loan on my first house! Jason and his team were there when I had questions and it truly felt like they held my hand during the entire process. I can’t thank them enough for their hard work getting me in my home. I would recommend them to everybody especially someone who is buying their first home and not exactly sure where to start!
CRYSTAL AVERY
CRYSTAL AVERY
03/12/2022
Jason Nolan & his team were such a great help with me and my family in finding us out beautiful home that we purchased. He heard our concerns and he made it possible for us to close on our home in 4 weeks. If you’re ever looking for someone to be on your side Jason Nolan and his team are the people you want on your side. Thank you guys for your hard work.
Timothy Pendell
Timothy Pendell
30/11/2022
Jason Nolan and Trevor are 2 of the finest lenders I have had the pleasure of working with. They saved me a lot of money at closing. I don't know if they eat or sleep because the were answering my questions and calls at midnight and 4 am if I needed them. I was on one hell of a time crunch to move, but these two came through for me every time. A great duo and I look forward to doing more business with them in the future.
Michigan Mortgage Solutions

Michigan Mortgage Solutions

Michigan Mortgage Solutions offers a variety of mortgage programs to suit your needs. FHA Loans, Conventional Loans and VA loans are just some examples. For experienced homeowners looking for cash out or refinancing options there is help available as well with the offer of an FHA streamline loan option that can be completed in 10 days! Michigan Mortgage Solution has something to offer every customer; whether you’re a first time home buyer or seasoned veteran our team will find the right Michigan mortgage solution for you!

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