What if you’re not cut out for country living, but still want to take advantage of the benefits that USDA has to offer? You are in luck, you don’t have to live in a ranch or a farm, there are many suburban and semi-suburban areas that are eligible. Not sure if the home you want to finance is located in a rural area? Check here.
USDA loans, or Rural Development loans, are available to homebuyers with low-to-average income for their area, they offer 100% financing with reduced mortgage insurance premiums and feature competitive rates. USDA home loans are helping many people buy homes rather than continue to rent. If you are interested in more details to find out if a USDA is a good financing option for you, contact us today!
Rates & Program Availability Subject To Change. Income & Other Restrictions Apply. Properties Must Meet Certain Requirements & Be Located In Eligible Area. Low monthly mortgage insurance.