Guaranteed Rural Housing (GRH) Loan
GRH borrowers find their fit at Associated.
Associated is a Platinum Level Lender in the GRH program. What does that mean for you? If you live in a rural area and want to purchase or refinance a home, there is no down payment required. Even better, you can get up to 100% financing.
GRH loans are designed for borrowers in rural areas who have both income and credit history, but lack the down payment required for a conventional mortgage.
If you fit this description, a GRH loan is the way to go. Talk to an Associated Loan Officer who will explain the Guaranteed Rural Housing program. It is administered by the U.S. Department of Agriculture, Rural Development division.
Benefits that fit your situation:
- No down payment required
- Your GRH loan can cover up to 100% of the property’s value
- Some of the closing costs may be included in the loan
- Loans are available for purchase and for refinance
Why Associated Bank? We have an outstanding track record with GRH lending. Earning Platinum Level Lender recognition from the USDA, Associated has made over $5 million in GRH loans available to our customers in two consecutive years.
Visit a branch location near you today.