USDA Rural Development Loans

People who want to buy property in rural areas or certain suburbs can qualify for loans with low interest rates and flexible credit guidelines.

You pick the location, we promise a lower rate.

No down payment required

30-year loan options

Finance up to 100% of the purchase price

If you thought U.S. Department of Agriculture (USDA) Rural Development loans were just for farmers – think again. Let us educate you about Rural Development (RD) loans and help you take advantage of their many benefits.

What Is a Rural Development Loan?

Rural Development loans are designed to encourage rural land development and growth in rural areas. They were long thought of as just for farmers, but the program has been expanded in recent years to give more people looking to purchase or refinance in a rural area access to the incredible benefits offered by these loans.

Applying for USDA Rural Development Loans

We offer Rural Development Guaranteed Rural Housing Loans. These loans are designed to help families without adequate housing finance the purchase of a home in a rural area. Applicants may have incomes up to 115% of the area’s median income and must be able to afford mortgage payments, including insurance and applicable taxes.

The duration of a Rural Development Guaranteed Rural Housing Loan is 30 years, with an interest rate determined by the lender. No down payment is required, which sets these loans apart from more traditional home loans.

Rural Development Loan Eligibility

Program guidelines are very specific – but don’t let that stop you from achieving your homeownership goals. Our experienced USDA financing professionals will help you navigate through the Rural Development loan process and determine if you are eligible.

Basic qualifications include:

  • The property being purchased must be in a rural area as defined by the USDA Rural Development.
  • The property must be owner-occupied. Investment or vacation properties are not eligible for Rural Development loans.
  • 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 Rural Development. This maximum income limit depends on the cost of living, median income and other economic characteristics of the county the property is located in.

Benefits of a Rural Development Loan

Rural Development loans offer a number of unique benefits that set them apart from standard home loans. Rural Development loans require no down payment and qualified individuals can finance up to 100% of the greater of the home’s purchase price or appraised value which sometimes provides funding for part of the closing costs of the transaction. This makes them one of the more desirable loans available to homeowners.

Learn More About the Rural Development Loan Application Process

Contact us and a qualified home loan professional will walk you through the Rural Development loan application process and answer any questions that may arise. Get started today.



To learn more or to apply for a home mortgage loan, submit an online
contact us or visit one of our branches in Oklahoma.

Credit Cards

From great rewards to extra-low rates, there's a card for every wallet.

  • Unmatched service & convenience
  • EMV smart chip technology
  • Fraud monitoring tools

Customer Service
Outside Oklahoma
Hours of Operation
  • M-F: 7 a.m.-10 p.m.
  • Sat: 8 a.m.-10 p.m.
  • Sun: Noon-10 p.m.

Open all holidays except Easter, Thanksgiving, and Christmas.