Let us show you how you can afford your home.
USDA loans can be an excellent option in lending. There are a variety of reasons why this loan may be good for you, but the bottom line may be its affordability. Since this loan is one of the few that require no money down, it is a popular choice for first-time homebuyers.
Some of the benefits of USDA loans are:
- Fixed interest rates
- No down payment
- No maximum loan amount
- Available for new or existing homes
- 100% financing
- Seller can pay closing costs
- Affordable 30-year loans
The government insures USDA loans. They are limited to certain “rural” areas, although many of the available areas are very close to urban areas. USDA has set maximum allowable household income limits for the program.* Call us today to discuss the USDA Loan Program or to find out about other loans that may fit your needs.
*USDA Guaranteed Rural Housing loans subject to program stipulations and applicable state income and property limits.