USDA Rural Development Guaranteed Housing Loans

Looking for a USDA Rural Development Loan? Joe Wagner will be glad to help! Give Joe Wagner a call at 612-327-4544. Ready to get started? Apply Here.


Home Financing Options For Applicants

Are you ready to own a home but are not sure you will qualify due to lack of a down payment?

Rural Development may be able to help you! USDA Rural Development has partnered with local lenders to help them extend 100% financing opportunities to rural individuals and families.

  • No down payment required - 100% Financing Available

  • No monthly mortgage insurance - you may qualify for a larger loan.

  • Flexible credit and qualifying guidelines.

The Rural Development guaranteed loan program has assisted thousands of customers just like you. Tell your mortgage lender you want the USDA Rural Development Guaranteed Housing Loan.

The Advantages:

  • No Down payment is required.
  • Flexible credit score guidelines.
  • No maximum purchase price limit.

  • Closing costs can come from any source including gifts.

  • Repairs and improvements can be included in the loan.

  • Competitive fixed 30-year rates.

  • Apply with a local participating lender of your choice.

Frequently asked questions

Eligibility criteria:

  • Occupy the property as your primary residence.

  • Do not own an adequate home.

  • Be a U.S. citizen, a U.S. non-citizen national or a “qualified alien”.

  • Provide stable and dependable income for repayment ability.

  • Have a credit history that indicates a willingness to meet obligations as they become due.

  • Have an adjusted household income that is within Rural Development guidelines based on the number of persons who will occupy the home.

  • Purchase a residential property that is located in a Rural Development eligible area.

Choose Rural Development as the first option

  • 30 year fixed rates

  • Generous income limits

  • Flexible credit guidelines

  • NOT limited to first time homebuyers

  • Assistance options, such as gift funds, grants, seller concessions allowed.

Tools and Web Site links:

Brochure and guides:

Locate a Rural Development office.

  • Apply directly with Joe Wagner by calling 612-327-4544. Additional information can be obtained from Rural Development.

How do you get started?

  • Educate yourself on the Guaranteed Loan Program by reviewing all of the information on this site and the "eligibility" web site.

  • Set up an appointment with Joe Wagner by calling 612-327-4544 your pre-approval determination.  


Still have questions about USDA-RD Loans? Call Joe Wagner at 612-327-4544. It's his job to answer lending questions, so he is happy to help! We know you're busy, so feel free to complete the form below to be contacted by Joe Wagner.

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