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USDA Rural Development 100% Financing Program Funding Ending

Based off of conversations I’ve had and what I’m reading on the interwebs, it sounds like the USDA’s Rural Development program that allows home buyers to purchase for 0% down is almost out of funding and isn’t scheduled to receive new funding until September.

This program is heavily used in the boonies  the sticks Greater Minnesota. This is a big change for Rural America and likely to cause some short-term issues for both buyers and sellers.

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TwinCitiesRealEstateBlog.com is not a Multiple Listing Service MLS, nor does it offer MLS access.
This website is a service of Aaron Dickinson of Edina Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.