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Do you plan to buy or refinance a home in a rural community? Start your search with Rural Housing loan programs. The Rural Housing loan programs, sponsored by the U.S. Department of Agriculture Rural Housing Service (RHS), are designed to make homeownership more affordable in rural communities.1 For qualified borrowers in designated rural areas, a Rural Housing loan can provide a little to no down payment option. It offers rates and terms that can be an affordable solution for prospective homebuyers or homeowners who want to enjoy the benefits of refinancing.2

• HIGHLIGHTS • Little to no down payment options • Sales price and closing costs can be financed • Families below median income may be eligible2

For more information, contact me today. Fred DaMore

Ross Mortgage 3 Baldwin Green Common #209 Woburn MA 01801 781-376-9227 Maximum loan amount limits apply. The home must be in a designated RHS service area. First-time homebuyers must participate in a homeownership counseling program. Impounds for property taxes, hazard insurance, and flood insurance (if property is located in a flood zone) are required. Income and property type restrictions apply. Owner-occupied only. A rural community/area is generally defined as a town of 20,000 residents or fewer that is removed from an urban area. Eligible rural areas are determined by the Rural Housing Service (RHS). Restrictions apply, ask for details. 2 The USDA Rural Housing Service requires an up-front Guarantee Fee of 3.50% on purchases and 1.00% on rate/term refinances.


Equal Housing Lender. Some products may not be available in all states. Credit and collateral are subject to approval. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Terms and conditions apply. All rights reserved. 11-12-2010  PRGM-12-08-1019.C  AR12M0T1

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