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The USDA Loan Program assists low to moderate income rural home buyers achieve their dream of homeownership. This program has helped thousands of families with the

purchase of an affordable home in eligible rural areas.

USDA Loan Program

• Gift funds allowed for closing costs and any down-payment the borrower wishes to make

• The USDA charges an upfront guarantee fee that can be financed into the loan (OK to exceed 100% LTV with this fee)

• No PMI required, although USDA charges a small monthly fee

• Income restrictions vary by family size and property location

• More credit flexibilities than conforming loans

• Federally guaranteed loan

• Funds can be used to purchase an existing or newly-built home

• No acreage limits

• Rates are typically among the lowest available for any loan program

• 30 year fixed only (15-year available soon)

• No down-payment required (up to 100% LTV)

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Sam SinghVice President, NMLS# 327667direct: (702) 232-7272fax: (702) 757-2347ssingh@thefederalsavingsbank.comwww.thefederalsavingsbank.com/samsingh