USDA RURAL DEVELOPMENT by HuJEMt

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									      USDA Rural Development                                                                                                                                                                                                                       (507) 437-8247 #4
      1408 21st Ave NW Suite #3                                                                                                                                                                                                                    (507) 433-7108 fax
      Austin, MN 55912                                                                                                                                                                                                                              (651) 602-7830 tty




                         Highlights of our program:                                                                                                                                                  To qualify you must:
                             Maximum Loan Amount from                                                                                                                                       Be unable to obtain a
                             $171,200 - $190,000                                                                                                                                            mortgage from any other
                             depending on county.                                                                                                                                           source.
                             We can loan up to 100% of                                                                                                                                      Have a low income
                             the appraised value of the                                                                                                                                     household (income limits
                             home.                                                                                                                                                          listed below.)
                             Interest rate is fixed for a 33                                                                                                                                Have an acceptable credit
                             year term.                                                                                                                                                     history.
                             Your monthly payment may                                                                                                                                       Not currently own a home
                             be reduced by Payment                                                                                                                                          that fits your needs.
                             Assistance – the interest rate
                                                                                                                                                                                            Be a Citizen of the U.S. or
                             you pay is based upon your
                                                                                                                                                                                            legally admitted for
                             income.                                                                                                                                                        permanent residency.


                                                                                                                     Low Income Limits by County:
                                                 1                               2                                     3       4          5        6                                                                                                     7                                  8
      County                                   Person                          Person                                Person  Person     Person   Person                                                                                                Person                             Person
      Blue Earth                                  34,900                          39,900                             44,850                         49,850                           53,850                            57,850                             61,800                             65,800
      Dodge                                       42,400                          48,450                             54,500                         60,550                           65,400                            70,250                             75,100                             79,950
      Faribault                                   31,750                          36,300                             40,800                         45,350                           49,000                            52,600                             56,250                             59,850
      Fillmore                                    31,750                          36,300                             40,800                         45,350                           49,000                            52,600                             56,250                             59,850
      Freeborn                                    31,750                          36,300                             40,800                         45,350                           49,000                            52,600                             56,250                             59,850
      Houston                                     35,500                          40,550                             45,650                         50,700                           54,750                            58,800                             62,850                             66,900
      Mower                                       31,750                          36,300                             40,800                         45,350                           49,000                            52,600                             56,250                             59,850
      Olmsted                                     42,400                          48,450                             54,500                         60,550                           65,400                            70,250                             75,100                             79,950
      Winona                                      34,350                          39,300                             44,200                         49,100                           53,050                            56,950                             60,900                             64,800

                                            Please give us a call or stop in to see us for more information
                                         We will be happy to answer your questions on our housing program!
                                                                     Paul Dornfeld                                                                                                           Becky Wollenburg
                                                                     Area Specialist                                                                                                           Area Assistant
                                                                                                           “The USDA is an Equal Opportunity Provider and Employer”

                        Areas that are ineligible for this program are: Austin, La Crescent, Rochester, Mankato and Winona.
      Revised 4/18/2008
                                                                                                                                                     USDA Rural Development




                                                                                                                                                                                                                                                                                                          (507) 437-8247 Ext. 4
     (507) 437-8247 Ext. 4




                                   (507) 437-8247 Ext. 4


                                                           1408 21st Ave NW Suite #3

                                                                (507) 437-8247 Ext. 4




                                                                                             (507) 437-8247 Ext. 4




                                                                                                                            (507) 437-8247 Ext. 4




                                                                                                                                                         (507) 437-8247 Ext. 4




                                                                                                                                                                                      (507) 437-8247 Ext. 4




                                                                                                                                                                                                                   (507) 437-8247 Ext. 4

                                                                                                                                                                                                                                            USDA Rural Development


                                                                                                                                                                                                                                                (507) 437-8247 Ext. 4




                                                                                                                                                                                                                                                                             (507) 437-8247 Ext. 4
 USDA Rural Development

        Austin, MN 55912


                               USDA Rural Development

                                      Austin, MN 55912


                                                            USDA Rural Development

                                                                   Austin, MN 55912


                                                                                         USDA Rural Development

                                                                                                Austin, MN 55912


                                                                                                                        USDA Rural Development

                                                                                                                               Austin, MN 55912




                                                                                                                                                            Austin, MN 55912


                                                                                                                                                                                  USDA Rural Development

                                                                                                                                                                                         Austin, MN 55912


                                                                                                                                                                                                               USDA Rural Development

                                                                                                                                                                                                                      Austin, MN 55912




                                                                                                                                                                                                                                                   Austin, MN 55912


                                                                                                                                                                                                                                                                         USDA Rural Development

                                                                                                                                                                                                                                                                                Austin, MN 55912


                                                                                                                                                                                                                                                                                                      USDA Rural Development

                                                                                                                                                                                                                                                                                                             Austin, MN 55912
1408 21st Ave NW Suite #3




                              1408 21st Ave NW Suite #3




                                                                                        1408 21st Ave NW Suite #3




                                                                                                                       1408 21st Ave NW Suite #3




                                                                                                                                                    1408 21st Ave NW Suite #3




                                                                                                                                                                                 1408 21st Ave NW Suite #3




                                                                                                                                                                                                              1408 21st Ave NW Suite #3




                                                                                                                                                                                                                                           1408 21st Ave NW Suite #3




                                                                                                                                                                                                                                                                        1408 21st Ave NW Suite #3




                                                                                                                                                                                                                                                                                                     1408 21st Ave NW Suite #3

								
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