Skip to Main Content

USDA/Rural Development

Available Products and Parameters

  • Maximum loan amount up to Conforming Loan Limits
  • Property located in eligible rural area

Borrower Eligibility - Property must be located in a USDA-designated rural area.
Loan-to-Value - Maximum 100% LTV
Borrower Contribution - Not Required
Mortgage Insurance - Up front Guarantee Fee - Annual/Monthly Guarantee Fee
Occupancy - Owner-occupied
Seller Contribution - Maximum 6%
Reserves - Not Required
Subordinate Financing - permitted through a Regions-approved down payment assistance program (DPA)