USDA

USDA Program Highlights

FirstBank Correspondent division fully supports the USDA Rural Housing mission to provide housing to low and moderate-income families in rural America. Our USDA program has no overlays. We have a team of industry veterans dedicated to the mission of the USDA rural housing program.

USDA Program Highlights

  • Training webinars available to our clients!
  • 102% financing of the appraisal value (closing costs and guarantee fee can be rolled in)!
  • FICOs as low as 600
  • Non-traditional credit acceptable
  • No cash reserves required
  • Rent history not required if credit profile supports repayment ability