United States Department of Agriculture (USDA) Rural Development operates a number of financial assistance programs with the goal of improving the economy and the overall quality of life in rural communities. This includes USDA Rural Development home loans either offered or guaranteed by the USDA. American Pacific Mortgage offers competitive rates and terms on Oregon USDA loans throughout Portland, Happy Valley, Damascus, Boring, and Gresham.
Both USDA direct and USDA guaranteed home loans are available to Oregon residents. The USDA Single Family Housing Guaranteed Loan Program is designed to accommodate low to moderate-income households. USDA approved lenders offer these mortgages directly to consumers and the USDA insures a portion of the loan. Read more