Attractive financing for people who want to live in eligible communities
100% financing option available1
Lower rates than many conventional loans
Qualify with less-than-perfect credit
Our local lenders can help you
You don't have to contact a government agency to apply for a USDA Loan. GreenState Credit Union's lending professionals can walk you through the process and answer all of your questions.
Buy a home in an eligible community without making a down payment
Homebuyers can qualify for 100% financing1 without growing crops or raising livestock. The federal program seeks to strengthen rural communities and promote rural land development. It's open to people in all professions, as long as they meet certain guidelines. Those include:
- The property being purchased must be in a rural area as defined by the USDA
- The property must be owner-occupied. Investment or vacation properties are not eligible
- You must meet the income restrictions for the county the property is located in. Each county has a maximum income limit defined by the USDA
- In general, applicants may have incomes up to 115% of the area’s median income and must be able to afford mortgage payments, including insurance and taxes
Make your dream of buying a home in Iowa, Illinois or Nebraska a reality with a mortgage loan from GreenState Credit Union. Contact us or visit a branch.
What our members are saying
"I’ve closed on five mortgages in my lifetime, and this one was the smoothest and easiest to close. Thank you GreenState!"
Financing available up to 100% of the purchase price or appraised value. Borrower responsible for closing costs.