Lenders helped 4,962 Rural Families Achieve Homeownership
United States Department of Agriculture (USDA) Rural Development today announced the top five guaranteed housing program lenders for 2020 in Pennsylvania. In total, 4,962 rural families and individuals achieved homeownership through the Single Family Housing Guaranteed Loan Program.
The top lenders in Pennsylvania are listed below. The amount of rural families and/or individuals they assisted is in parentheses:
- Residential Mortgage Services (319)
- Jersey Shore State Bank (226)
- Cross Country Mortgage (212)
- Union Home Mortgage (187)
- Plaza Home Mortgage (180)
Acting State Director for Rural Development in Pennsylvania Jeremy Wilson said, “At USDA, we believe that our lending partners open the door to homeownership to rural Americans, help strengthen communities, provide stability for families, and an opportunity for them to build generational wealth.”
This year marks the 30th anniversary of USDA’s Single-Family Housing Guaranteed Loan program. The program has helped 4.8 million people achieve the dream of homeownership.
“We could not have accomplished this without these partnerships,” Wilson said.
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 and health care; and high-speed internet access in rural, Tribal and high-poverty areas. For more information, visit www.rd.usda.gov. If you’d like to subscribe to USDA Rural Development updates, visit our GovDelivery subscriber page.
USDA touches the lives of all Americans each day in so many positive ways. USDA is transforming America’s food system with a greater focus on more resilient local and regional food production, fairer markets for all producers, ensuring access to safe, healthy and nutritious food in all communities, building new markets and streams of income for farmers and producers using climate smart food and forestry practices, making historic investments in infrastructure and clean energy capabilities in rural America, and committing to equity across the Department by removing systemic barriers and building a workforce more representative of America. To learn more, visit www.usda.gov.
USDA is an equal opportunity provider, employer, and lender.