For the last 80 years, The United States Department of Agriculture (USDA) has been at the forefront of developing rural America.
On April 30, 1935, President Franklin D. Roosevelt signed Executive Order 7027 which established the Resettlement Administration (what we know today as USDA Rural Development). During the Great Depression, this Administration provided aid to destitute families by helping them relocate. They also restored soil to eroded areas and issued emergency loans to farmers.
Over time, congress continued to expand the role of the Resettlement Administration. On October 13, 1994, congress reorganized the Resettlement Administration under the Federal Crop Insurance Reform and Department of Agriculture Reorganization Act. Under this Act, the USDA Rural Development Department was created to administer the USDA Home Loan Program for rural housing.
The USDA Home Loan Program has roots into the soil of America back to the days of the Great Depression and is 100% committed to helping improve the quality of life in Rural America. Since its inception, this organization has been helping people live better and still is to this day by continuing to offer you the USDA Home Loan.
Go to USDA Loan Comparisons to see how this program compares with other government and conventional loan products.