2 min read
May 23, 2023
Down Payment Requirements for USDA Loans
Neighbors Bank's Homebuying Learning Center - Hear from the Experts
Homebuying is a big deal, and here at Neighbors Bank, we are here to guide you along the way. Learn all things homeowning, credit and financing, refinancing and more.
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3 min read
September 18, 2023
USDA Loans and Grants for Home Improvements and Repairs
Learn how the USDA Section 504 Home Repair Program can assist rural homeowners with affordable loans and grants to improve their living conditions.
4 min read
September 11, 2023
USDA Loan Benefits: The Pros and Cons of a USDA Loan
USDA loans offer unique advantages for rural homebuyers. Keep in mind these benefits—and additional challenges—when considering a USDA mortgage.
3 min read
September 6, 2023
USDA Loans for Barndominiums
Discover how USDA loans may finance existing and new construction barndominiums, along with the benefits and drawbacks of this unique property type.
7 min read
August 21, 2023
Comparing USDA Loans to Other Mortgage Options
Understand the key differences, benefits and requirements of USDA loans compared to FHA, VA and conventional loans.
4 min read
August 14, 2023
USDA Loans After Financial Setbacks: Bankruptcy, Foreclosure and Short Sale
Learn how to bounce back from financial setbacks like bankruptcy, foreclosure or short sale to eventually qualify for a USDA home loan.
4 min read
August 7, 2023
All About USDA Loan Assumption
Learn more about USDA loan assumption, including the process, eligibility and benefits of assuming a USDA loan.
3 min read
July 25, 2023
What are USDA Direct and Guaranteed Loans?
Explore the differences and benefits of USDA direct and guaranteed loans to understand which program better suits your unique needs.
5 min read
July 17, 2023
Seller Concessions for USDA Loans
Understand the role of seller concessions in USDA loans including their benefits and limitations and how they can make homeownership more attainable.
2 min read
May 23, 2023
Everything to Know About USDA Mortgage Insurance
USDA loans do not have PMI. Instead of requiring mortgage insurance, USDA loans have a guarantee fee and annual fee paid to the Department of Agriculture.