Guaranteed Rural Housing Loan Program (GRH)
Apply For a Rural Housing Loan
Associated Bank is proud to be a lender offering the federal Guaranteed Rural Housing Loan. What does that mean for you, if you qualify? 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.
Rural housing 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 rural housing loan might be the way to go. Talk to an Associated Bank loan officer who will explain the Guaranteed Rural Housing program, which is administered by the Rural Development division of the U.S. Department of Agriculture.
|No down payment required|
|Your 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|
*The Wisconsin’s #1 Mortgage Lender and Leading Lender in the Midwest designations are based on information gathered from the Home Mortgage Disclosure Act data compiled annually by the Federal Financial Institutions Examination Council. The results of the data were obtained through RATA Comply, November 2017.