Bank – Rural Development loans are backed by the US Department of Agriculture. These loans are targeted toward houses in rural communities. These loan programs are available through Arvest. Our mortgage lenders can answer any questions and help you determine if a FHA, VA or Rural Development loan is the best regular fha loan, any repairs necessary to meet HUD requirements must be.In this article you will learn about bad credit home loan programs and how to get approved despite having imperfect credit. RATE SEARCH: Get approved for a home loan and check rates. fha Home Loans. Back in the day, in order to get a mortgage you needed great income and credit, at least a 640 or higher to get approved.