With several articles being published on a regular basis about the Wisconsin USDA home loan, many people have the same question; “are there really that many areas that qualify for the loan?”

Since the term “rural” is often used to describe the USDA mortgage program many individuals wrongly assume that only the properties located 50+ miles from any type of...

Regardless of how much advancement is made in society, things tend to move at a slower pace in the rural areas across the country. People move into a home and tend to stay there for a long time. The average income does not change much over time. And there is little change in the development of commercial properties. That is why the Wisconsin USDA Rural Housing program...

Good to the last dollar!

Rural Development funds were projected to run out before the end of April. Many large lenders across the country stopped processing these loans to avoid having the cash window shut in their face. Those who continued to apply for the (100%, no monthly MI, low 30 year fixed rate and a 2% financed funding fee) RD loan have been rewarded with the best possible loan in today’s mortgage market.

We will keep submitting...

I have had this question come up a lot lately and thought I would address it here on my blog. The short answer is of course no but it really depends on what you consider "rural". Today I will examine what the Wisconsin USDA Rural Housing program is all about.
First, let's differentiate between the two USDA Rural Housing programs.

Guaranteed Rural Housing Program

Direct Rural Housing Program

We will be discussing...