USDA Home Loans

100% Financing Available*

USDA
HOME
LOANS

Member FDIC | Equal Housing Lender

*Not to exceed fair market value

FIXED 30
YEAR TERM

NO MONEY
DOWN

SELECTED
AREAS

LOW
RATES

Benefits of USDA Loans

A USDA Loan is a mortgage loan that is insured by the US Department of Agriculture and available to qualified individuals who are purchasing or refinancing their home loan in an area that is not considered a major metropolitan area by USDA.

  • Great for First-time Home Buyers
  • No Down Payment
  • 100% financing*
  • Finance Closing Costs
  • Flexible Credit Requirements
  • Competitive Low Fixed Rate Options
  • 30 Year Term Fixed Rate
*Not to exceed Fair Market Value

9 + 3 =

Our Lending Experts are ready to start your
Home Loan Pre-Qualification process

REAL HELP FROM REAL PEOPLE

We would love the opportunity to be a part of your home buying experience! We offer every type of Home Loan product available. Our Lending Experts will be with you every step of the way, offering you a one-on-one customer service focused experience while making your new home purchase simple and stress-free.

Come see why Welch State Bank has been voted best Mortgage Lender in Ottawa County for 16 years in a row by the readers of the Miami News Record!

Program Eligibility

  • Household income cannot exceed established income limit (see website)
  • Household income must be dependable and consistent
  • Credit History demonstrates ability and willingness to repay debts
  • Chapter 7 Bankruptcy – 3 years since discharge date
  • Chapter 13 Bankruptcy – 12 months of satisfactory CH 13 payments
  • Foreclosure – 3 years

Property Eligibility

  • Single family dwelling
  • Primary residence only
  • Must meet USDA minimum property standards
  • Must be located in eligible area (see website)