CONTACT: Deb Laehn (715) 524-8522, ext. 4 – E-mail: deborah.laehn@wi.usda.gov
Janet Fox (715) 524-8522, ext 4 – E-mail: janet.fox@wi.usda.gov
Shawano, WI – – – – – The United States Department of Agriculture (USDA) Rural Development still has loans available to rural communities in Wisconsin with affordable monthly payments.
Rural Development offers 100 percent financing on home loans with no down payment required. The interest rate as of July 1, 2012 will be at 3.125%. Loans can be subsidized down to 1%.and are offered for a period of 33 – 38 years. Loans are available to anyone who meets the eligibility requirements. There are loan specialist available to assist with pre-qualifications.
USDA Rural Development’s mission is to deliver programs in a way that will support increasing economic opportunity and improve the quality of life of rural residents. Further information on Rural Development programs is available at a local USDA Rural Development office or by visiting USDA’s web site at http://www.rurdev.usda.gov/wi.
