Rural Housing (USDA)
Is the countryside calling your name?
The USDA – Guaranteed Rural Housing loan1, offered by APGFCU, assists qualified buyers interested in purchasing a primary residence in eligible rural areas.
- 100% financing – No down payment required
- 30-year term2 with a fixed rate
- Up-front Guarantee Fee assessed by the USDA can be financed into the loan
- Income restrictions apply
Ready to get started? APPLY NOW.
To learn more about a Rural Housing loan, including eligibility requirements, call 888-LOAN-391 (888-562-6391) to receive a call from an APGFCU Mortgage Consultant.
Loans are available only on primary and secondary single-family residences or owner-occupied condominiums located in MD, DE, VA, PA, NJ and FL. Subject to credit approval.
1Subject to income and geographical eligibility.
2 Loan payment example: A USDA [101% Loan-to-Value (LTV)] loan of $180,000 for 30 years at 5.278% fixed-rate APR will have a principal, interest and private mortgage insurance payment of $1,001.00.
Interest on the portion of the loan amount above the Fair Mortgage Value is not deductible for Federal income tax purposes; and members should consult a tax advisor for further information regarding the deductibility of interest and charges.
Payments do not include amounts for taxes and insurance premiums and the actual payment obligation will be greater.