CharterWest is considered one of the top lenders of the USDA/RD program in Nebraska, and we are pleased to offer the benefits of this program to our customers.

Loans granted by this agency are for 30-year fixed rate terms and require no down payment. Loans are granted for up to 100 percent of the appraised value of the home.

Approved lenders under the Single-Family Housing Guaranteed Loan Program include:

Any State housing agency
Lenders approved by:

Federal Housing Administration (FHA)
Veterans Administration (VA)
Fannie Mae and/or Freddie Mac

USDA/RD Loan Eligibility Requirements

Section 502 loans are primarily used to help low- and moderate-income individuals or households purchase homes in rural areas. Applicants for loans may have an income up to 115 percent of the median income for the area. Area income limits and details for this program can be located at www.rurdev.usda.gov or by calling our offices at 888-273-9500.