With the United States Department of Agriculture’s backing mortgage banks like Market Place Mortgage can offer flexible lending guidelines to those individuals in a rural setting. With credit scores down to 580 and higher monthly debt to income ratios we can finance up to 103% of the purchase price meaning your closing costs can be rolled into your mortgage if you so choose. In addition monthly payments will be lower than conventional mortgages as rates are lower and payments will be lower than FHA because mortgage insurance will be lower. Benefit from great terms with low rates and low mortgage insurance. There are county household income limits that we need to respect and geographical boundaries so please reach out to us today to see if you and your home qualify for this great mortgage program!