At Customers Bank, a 30-year USDA Rural Development loan provides up to 100% financing to low- and moderate-income borrowers. Eligible borrowers may purchase or refinance a primary residence in designated rural areas.
Features and Benefits
- Minimum credit score of 620
- 0% down payment
- Loan limits based on borrower’s ability to qualify
- Income limits based on household size
- With less than 20% down-payment there is an up-front guarantee fee and an annual fee
- Free qualification and personalized service
- Competitive fixed rates
- Local decision making with fast approvals
- Friendly, federally licensed mortgage consultants
- Available in: PA, NY, NJ, CT, DE, MA, RI and VA
Ready to get started? Contact one of our mortgage professionals who will help find the right loan for you.