Success Story
Release No.STELPRD4007748
, Jun 01, 2010 --

Wesley Olson returned home to Red Cloud, Neb. to find inadequate rentals. Without having down payment money available, he turned to USDA Rural Development for help in purchasing a home that met his needs.

USDA Rural Development assisted Wesley through all the steps necessary for him to become a first time homeowner. Rural Development provided him an attractive interest rate and an affordable house payment. Wesley received a direct loan in the amount of $65,947.

Wesley grew up in Red Cloud. He left to attend school and now has returned to his hometown to work and live. Helping young adults return to their rural communities is vital to Rural America and USDA Rural Development was pleased to help Wesley with his home purchase.