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 fixed rate terms. 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.

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.
The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.
For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.