USDA (Rural) Modification
Call us
800.669.6650
800.669.6650 Monday through Friday8 a.m.-8 p.m. Eastern
Help is available in English,
Spanish, and many other languages.
Is a USDA modification right for you?
A USDA (Rural) loan modification may lower monthly mortgage payments.
Eligibility
You may be eligible1 if:
- You're having trouble paying the mortgage due to a financial hardship
- The first mortgage is a USDA-insured home loan
- You own the home, and it’s your primary residence
- You haven’t exceeded the modification limits set by the insurer of the loan
- All borrowers on the loan agree to participate
There are additional eligibility requirements for this program. Please contact us to learn more.
There are no fees and no minimum credit score requirements with this program. However, you will be responsible for certain costs, expenses, and fees associated with the servicing of the loan that were incurred before the application for the modification is completed and approved (such as foreclosure attorney fees). When the modification becomes final, all prior unpaid late charges will be waived.
What if I'm not eligible or get declined?
Please call us to discuss other options. If we can't find a program that would allow you to stay in the home, you may need to consider options that involve leaving the house.
If the property is currently worth less than the amount remaining on the loan, you may be able to sell the property in a short sale. Please call us at 800.669.6650 to discuss your options.
Call us
800.669.6650
800.669.6650 Monday through Friday8 a.m.-8 p.m. Eastern
Help is available in English, Spanish, and many other languages.
1 These eligibility requirements are informational and are not intended as a commitment to modify your home loan nor is this an exhaustive list of the requirements of the Program.