STRONGSVILLE, Ohio--(BUSINESS WIRE)--Union Home Mortgage (UHM) ranked fourth in Michigan in terms of loan volume for the United States Department of Agriculture (USDA) Rural Development’s Single Family Housing Guaranteed Loan Program for 2021, matching its 2020 finish. The 100% financing program helps lenders collaborate with eligible households living in rural areas to make homeownership a reality.
“Our UHM Partners are committed to ensuring homeownership is accessible to our customers, and this program plays a pivotal role in ensuring that for eligible families,” said Mike Jones, UHM’s National Sales Manager. “We value our partnership with the USDA and share its vision for fostering thriving communities.”
The USDA Rural Development Single Family Housing Guaranteed Loan Program provides eligible applicants mortgage options that require no money down when purchasing a primary residence. Additional program details are available from the USDA.
This recognition helped UHM claim the No. 9 position in the national rankings, up one spot from 2020. UHM claimed a top-five spot in three additional Midwestern states (Ohio, Pennsylvania and West Virginia) in the same USDA Rural Development loan program category.
About Union Home Mortgage
Union Home Mortgage Corp. (UHM) is a high-growth, full-service retail, wholesale and consumer direct independent mortgage banking company with over 150 branches across the U.S. For eight consecutive years, UHM has been awarded a Top Workplace. With a world-class culture that stands out in the mortgage industry, UHM Partners (employees) are guided by a Code of Conduct that emphasizes respect, open communication and accountability. UHM is an approved direct lender of Fannie Mae, Freddie Mac, FHA, VA, USDA and other conforming and non-QM loan products, with over $13 billion in responsible lending per year.