If you’re in the market for a home, you may be interested in a USDA loan. They’re a great option for first-time buyers and people on a budget. But there are some limitations to their use, so you should understand what you can and cannot qualify for before you apply.
USDA home loans are one of two zero down mortgage programs still available in America to buy a new home. As with any mortgage, there are groups of specific requirements that must be met before an applicant is approved. Read More
In today’s housing market, anyone looking to purchase a home with nothing down may find themselves with few options. Fortunately, USDA home loans still offer 100% financing with low mortgage rates for home purchases. And these rural development loans can be used across most areas of the country. Don’t overlook the no-down payment mortgage options offered through USDA loans. Read More
In today’s housing market, those wanting to buy a home with no down payment have limited options. The 2008 financial crisis led to the rapid demise of subprime lending and a harsh tightening of mortgage credit. Fortunately, USDA RD loans are still running strong offering 100% financing with low mortgage rates for home purchases.