OR

USDA 1XC 0% Down Payment 

The 1XC New Construction program allows the borrower to purchase land and finance the cost to build their primary residence in one loan and includes a payment reserve to cover the mortgage payments during the construction period, with no need to refinance after completion.

Manufactured 1XC includes:
 

• Land

• Manufactured home and Delivery
• septic system
• Power

• Driveway

• Reimbersment for permit fees 
• Contractor Payment
• Reserves and draw to ensure completion

Regular new construction 1XC includes:

• Land 
• All construction costs
• Contractor Payment
• Mortgage Payments (Financed)
• Reserves and draw to ensure completion

REHAB (Buy home, Renovate one loan)