USDA Loans

Ramzi Faraj - Mortgage Lender in Royal Oak, Michigan can help you learn the requirements for USDA loans and determine your eligibility.  USDA loans are loans issued by the government, and often issued to those in rural areas, small communities and some areas just outside major metropolitin areas.


Call Ramzi 's team at 248-613-9044 to check your eligibility for a USDA loan.


What is a USDA Loan?

USDA home loans, also known as rural development loans, are loans issued by the US goverment. To help families who may not quality for convential loans or have the same lending options as those in larger cities, the US government issues these loans through approved private lenders.

With a USDA loan, the family can borrow up to 100% of the home's appraisal, meaning no down payment is needed. The loan is set for a 30-year fixed rate home loan, and requires no mortgage insurance.

A USDA loan is a great option for families in smaller communities trying to find a way to buy a house.


To see if you pre-qualify for a USDA loan, contact Ramzi today at 248-613-9044.


Who is eligible for a USDA Loan?

According to USDA, to be elibible for a USDA loan, you must:

  • be a US Citizen, a US Non Citizen National or have a qualified Alien status
  • be at least 18
  • not own another house in the local area
  • occupy the home as your primary residence
  • be unable to get conventional loan that requires a 20% down payment


Income Guidelines for USDA Home Loans

There are income guidelines for USDA loans that vary by the area in which you're applying for the loan. To learn the guidelines for your desired area, please contact us at 248-613-9044 or email Ramzi !


    How do I apply for a USDA Loan?

    Ramzi Faraj - Mortgage Lender in Royal Oak, Michigan is an approved lender and can help you secure a USDA loan. USDA loans are offered by lenders such as LeaderOne Financial who meet federal guidelines on lending.


    To determine if you pre-qualify for a USDA Loan, please complete our form online or call Ramzi at 248-613-9044.

    Citizens State Bank 32500 Woodward Avenue, Royal Oak, MI 48073
    Citizens State Bank
    NMLS ID 729779
    Ramzi Faraj
    VP, Consumer Lending Manager
    NMLS #162269
    Phone: 248-613-9044

    Office Address:
    32500 Woodward Avenue
    Royal Oak, MI 48073

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