The United States Department of Agriculture provides guaranteed home loans to promote home ownership in defined rural areas. This program is NOT limited to those living in the woods or on farms. It  offers 100% financing to qualified buyers, at very low interest rates, and with very low mortgage insurance premiums. If you are buying a                       

Some highlights:

• Offers 100% Financing- no down payment is required. 

• Monthly Mortgage Insurance is cheap. 

• Because it's government backed, it carries a low interest rate. 

• It's a 30 year fixed-rate plan.

• There are no restrictions on gifts.

• New or existing construction is acceptable. 

• Not limited to first time home buyers.

• There are no prepayment penalties. 

home in an eligible area, and meet the program requirements, the cash required and low monthly payment make this loan extremely attractive and tough to beat.