USDA Loans are an excellent option if you’re considering purchasing a home in a rural area.
Funds can be used to build, repair, renovate or relocate a home, or to purchase a home. There are no down payment requirements, and qualifying is typically easier than for conventional mortgages. However, the property must be located in an eligible area in order to qualify. Income caps also apply. Contact a BankSouth Mortgage expert for more details.
Credit and collateral are subject to approval. Terms and conditions apply. Rates, program terms and conditions are subject to change without notice. Some programs have geographic restrictions. This is not a commitment to lend.