Last year, Adam Blondo was visiting with family about wanting to purchase a home, when they told him about the USDA Rural Development 502 Home Loan Program, and he applied. He and his wife Chambre wanted to establish roots in rural Nebraska. 

Once approved, he began his search, finding and signing a purchase agreement in February 2022 for his home in Peru, Nebraska. The family moved in in April.

While admiring their property from the front yard, Adam recounted his gratitude, “We are very excited to be homeowners and are thankful for the process and the extra steps that USDA went through to help us buy the perfect house.” 

Their three children are most excited about having their own rooms. The family is looking forward to updating some flooring and making the space their own. Having another baby on the way makes the accomplishment even more exciting. 

Individuals interested in USDA RD home loan programs can find more information on the website, www.rurdev.usda.gov/ne; or by contacting the Single-Family Housing team at 402-437-5551 Option 1, or email: SM.RD.NE.SFHQST@usda.gov.

Both the Direct and Guarantee Loan programs provide 100 percent financing with competitive interest rates.  Loans through the Guarantee program are made through approved conventional lenders.  A list of approved lenders is available at:   www.rurdev.usda.gov/ne on the Guaranteed Home Ownership Loan page.  The guarantee enables the lender to offer more affordable mortgage terms.  Eligible applicants for the Guarantee program cannot exceed 115 percent of the median county income.   

Rural Development provides loans and grants to help expand economic opportunities, create jobs, and improve the quality of life for millions of Americans in rural areas. For more information, visit www.rd.usda.gov/ne. 

Under the Biden-Harris Administration, Rural Development provides loans and grants to help expand economic opportunities, create jobs, and improve the quality of life for millions of Americans in rural areas. This assistance supports infrastructure improvements; business development; housing; community facilities such as schools, public safety, health care, and high-speed internet access in rural, tribal, and high-poverty areas. 

USDA is an equal opportunity provider, employer, and lender.