Property must be located in a USDA-Approved rural designated area.
Household members must have a cumulative total income that does not exceed the adjusted annual income threshold for the applicable location of the property.
Borrowers must qualify for their current monthly liabilities and the mortgage payment, which include property taxes, homeowners insurance and the USDA annual guarantee fee, which is required to be paid monthly.
*USDA Guaranteed Rural Housing loans subject to USDA-specific requirements and applicable state income and property limits. Fairway is not affiliated with any government agencies. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply.
*A pre-qualification is not an approval of credit and does not signify that underwriting requirements have been met.
*Eligibility subject to program stipulations, qualifying factors, applicable income and debt-to-income (DTI) restrictions, and property limits. Grant amount varies based on credit score. Loans Can Be Fun is not affiliated with any government agencies. These materials are not from HUD or FHA and were not approved by HUD or a government agency.