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.
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.
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.