#United States #Columbia #homeownership #Neighbors Bank #USDA Loans

Neighbors Bank: A Leader in USDA Lending for Three Years Running

In an impressive display of performance and commitment to affordable housing, Neighbors Bank has once again been recognized among the top lenders for USDA loans in the United States. This accolade, the USDA Rural Development Top Origination Award, marks the third consecutive year that the bank has achieved this distinction, positioning it as the third-largest USDA lender nationwide—a remarkable feat during the annual National Homeownership Month celebrations.

Recognition Ceremony in D.C.

The award was accepted on July 17, 2026, in a ceremony hosted by USDA Rural Development in the Jamie L. Whitten USDA Building in Washington, D.C. Leading the Neighbors Bank delegation was Jake Vehige, the President of Mortgage Lending, who expressed pride and gratitude for the honor. He emphasized that the company not only offers financing but also possesses deep expertise that enables them to make homeownership realistic for many.

USDA Loan Program's Role

The USDA’s Single Family Housing Guaranteed Loan Program is designed specifically to assist low-to-moderate income homebuyers in rural and suburban areas by providing zero down payment financing. For many potential homeowners, this program serves as the most viable path to achieving their dream of homeownership.

Ashley Harris, Director of Homebuyer Education at Neighbors Bank, reflected on the impact of the award, stating, "This award means a lot to our team because of who it represents. Every USDA loan we close is someone who qualified, who worked for it, and who just needed a lender willing to recognize the opportunity."

Many borrowers approach Neighbors Bank under the impression they need years to save before they can purchase a home. However, through the guidance and support provided by the Neighbors Bank team, they often find out they are already eligible to buy. This not only transforms their dreams into reality but also changes their outlook on what is attainable.

Importance During National Homeownership Month

Receiving this recognition during June, a month dedicated to promoting homeownership awareness, adds significant weight to the achievement. With the national median home price exceeding $400,000, programs like USDA are crucial pathways that assist qualified buyers who might not have the means for a traditional down payment.

When discussing the importance of the USDA program, Jake Vehige remarked, "USDA is one of the most powerful tools we offer to make homebuying possible. Being a top USDA lender for three years running reflects our team's expertise that truly makes a difference."

Neighbors Bank has an impressive history, having closed over 15,000 purchase loans, with a notable 74 percent benefiting first-time buyers, and nearly half aimed at assisting low-to-moderate income families. Approximately a quarter of the bank’s loan volume comes from USDA loans, showcasing their commitment to supporting these vital community programs.

Digital-First Approach and Customer Satisfaction

Operating remotely, Neighbors Bank serves clients across 49 states and Washington, D.C. The bank has also garnered praise from customers, proudly holding a 4.8-star rating on Trustpilot based on numerous verified reviews. This high rating can be attributed to their focus on government-backed loans, including USDA, FHA, VA, and down payment assistance programs—further establishing their standing as a trusted lender in the mortgage market.

Founded in 1945, in Clarence, Missouri, Neighbors Bank's growth into a national mortgage lender is fueled by a mission to make the lives of individuals better through accessible home financing options. Their expert knowledge and personalized service remain central to their operations.

For anyone looking to explore their options or understand more about homeownership possibilities through USDA loans, Neighbors Bank stands as a leading resource, promising to be there for every step of the journey towards owning a home.

For more information, please visit Neighbors Bank.