USDA offers rural home loans with interest rates as low as 1%

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Des Moines, Iowa – RadioIowa – The dream of buying a home in rural Iowa is getting cheaper. Home mortgage rates from the U-S-D-A’s Rural Development Agency have dropped to just below 2.875%. Krista Mettscher, a rural housing specialist with the agency, says there are income and other limits with the low rate, but even those with credit issues could qualify.

Mettscher says some people could find even lower rates.

The program is available in most rural communities across the region. To find more information, click here.

About Chris Berg 3696 Articles
Chris was born and raised in Webster City, IA. As a young kid, he would always be caught singing along to songs on the radio. He says he's good at karaoke but we think otherwise. ;) In his free time, he enjoys beginning new projects at home and hardly ever finishing them. Chris lives in Charles City with his wife Vicki and a daughter Brynlee.