Offering USDA Rural Development Loans

Rural Housing Service (RHS) loans are more commonly known as USDA loans. These mortgages are backed by USDA Rural Development and are issued by private mortgage lenders like our expert team via the Single Family Housing Guaranteed Loan Program.

The USDA loan program was created to improve the economy and the quality of life in rural America. The USDA offers a 90% loan guarantee on RHS loans. Since that high percentage reduces risk, Financial Concepts Mortgage provides 100% loan financing with no down payments and low interest rates for qualified rural homebuyers. We’re happy to help homeowners in rural Oklahoma purchase primary residences that are safe, decent, and sanitary. Learn more about USDA home loans and get in touch with us to speak to one of our loan officers.

Is a USDA Loan Right for Me?

USDA loans can be an excellent option, but they aren’t always a good fit. The Single Family Housing Guaranteed Loan Program is reserved for families with low-to-moderate incomes who live in rural areas and are looking to make homeownership a reality. To qualify, you must have United States citizenship or permanent residency status. Additionally, your family’s income cannot exceed the income limits set for your respective area. The property you wish to purchase must also be located within specific areas deemed eligible by the USDA.

Offering USDA Loans in OK, KS, TX, AR, & AL

Financial Concepts Mortgage is licensed to provide USDA loans in Oklahoma City, rural Oklahoma, Texas, Kansas, Arkansas, and Alabama. Lees verder →