All Articles(Page 4)

4 min read Updated June 28, 2023

USDA Loans for Manufactured Housing

USDA manufactured housing loans are a great way to finance your new home. Learn more about the requirements of USDA loans, and how to apply.

Neighbors Bank Team

2 min read May 23, 2023

Down Payment Requirements for USDA Loans

No down payment is typically required for a USDA loan, but the borrower must meet USDA eligibility requirements like living in a USDA qualifying area.

Neighbors Bank Team

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.

Neighbors Bank Team

2 min read Updated May 22, 2023

USDA Appraisal vs. USDA Inspection Requirements

USDA home appraisals and home inspections are not the same. Let's discuss the difference.

Neighbors Bank Team