Starboard Financial
4145 E Baseline Rd. Gilbert, AZ85234
NMLS# 156931 Arizona Banking License: #0910725

What does this program do? 

This program assists approved lenders in providing low- and moderate-income households the opportunity to own adequate, modest, decent, safe and sanitary dwellings as their primary residence in eligible rural areas. Eligible applicants may build, rehabilitate, improve or relocate a dwelling in an eligible rural area. The program provides a 90% loan note guarantee to approved lenders in order to reduce the risk of extending 100% loans to eligible rural home buyers.

Who may apply for this program?

Applicants must:

  • Meet income-eligibility
  • Occupy the dwelling as their primary residence
  • U.S. Citizen, U.S. non-citizen national or Qualified Alien
  • Have the legal capacity to incur the loan obligation
  • Willingness to meet credit obligations in a timely manner
  • Purchase a property that meets all program criteria

What is an eligible area?

Check eligible addresses for the loan guarantees.

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