USDA Rural Development- 100% financing

 

The USDA changed the maximum family income limits in 2009 which made millions of Americans eligible for its rural mortgage programs. The American dream of home ownership has become more difficult in recent years as families struggle to come up with the  down payment that conventional loans and FHA require. With the USDA loan you can buy a home with NO MONEY DOWN.

Do I Qualify for a USDA Loan?
   Almost anyone outside of a major cities that are looking to purchase a home can qualify for a USDA loan. Eligibility varies based on area, your income, credit history, and number of dependents claimed so it's important that you call and speak with one of our experts to see if you qualify.

• Zero money down and 100% financing is available
• No maximum loan amount- No mortgage insurance
• Fixed Interest rates- closing cost can be financed
• Minimum credit score 620
• Previous Bankruptcy and Foreclosure accepted in many cases
• Low income families can qualify

 

 USDA Loans are for:

• New Home
• Pre-existing home
• Condominium
• Townhouse
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