Rural Housing Renovation Loan Programs


Now you can obtain mortgage financing that covers needed home improvements such as a new roof, new well, new septic system, new appliances, new flooring, or update plumbing or electrical systems. The USDA Guaranteed Rural Housing program offered by RANLife Home Loans provides you with the ability to purchase a new home and finance necessary repairs at closing.

Rural Housing Loan Purchase Benefits

  • Repairs up to 10% of the loan amount (maximum $10,000) can be escrowed for at closing
  • Loan will be based on "As-Improved" Value
  • No Down Payment
  • Low fixed monthly payments
  • Low 30 year fixed rate
  • No Monthly MI (Mortgage Insurance) means lower monthly payments
  • Loan amounts up to $417,000
  • Never a prepayment penalty

Contact a USDA Loan Specialist Online or toll free at (800) 461-4152 to learn more about how the USDA Home Purchase Programs can help you.