Alabama USDA Rural Housing Loans from AFR
If home ownership in the Heart of Dixie has seemed out of reach, an Alabama USDA Rural Housing loan may be your solution. As a USDA-approved lender, American Financial Resources is pleased to offer residents an alternative to high mortgage rates and large down payments. AFR has even more good news for AL residents - In 2009, changes were made by the USDA in conjunction with the American Recovery and Reinvestment Act. Now, even more potential AL homebuyers are eligible for this type of affordable home financing.
About USDA Rural Housing Loans
Long recognized as a prime agricultural state, Alabama still has ample amounts of rural areas. USDA Rural Housing loans are only available for those properties that in are in areas the USDA has designated as "rural" and there are a significant number of properties across the state which are outside of metropolitan areas that may qualify. With a USDA mortgage, eligibility is based on a number of factors, including the home and the borrower. Regardless of where in the land of pine forests and camellias you’d like to reside, from Birmingham to Mobile or Tuscaloosa, do yourself a favor and get the facts on a USDA Rural Housing loan.
Benefits of a USDA Rural Housing Loan include...
- 100% Financing = No Money Down
- Rates are usually better than conventional home loan rates
- Great option for lower income households
Request a Quote For an Alabama USDA Mortgage
Residents who’d like to learn more about the eligibility requirements for an Alabama USDA Rural Housing loan should make the free, no-obligation phone call to 800-634-8616. If it turns out that a USDA mortgage is not for you, don't worry - at AFR, we strive to match our potential borrowers with home loan programs that meet their needs and budget!