Advantages of Getting a USDA Loan
Besides the zero down payment, the USDA loan boasts of these excellent benefits:
- Competitive Interest Rates – The USDA guarantee makes the interest rate of USDA loans one of the lowest on the market.
- Flexible Credit Guidelines – It’s possible to qualify for a rural housing loan even with less-than-stellar credit.
- Millions Are Eligible – The majority of the country falls within what the USDA deems an eligible area.
Reach out to us today for any inquiries about our rural housing USDA loans.
Requirements
| Down Payment | None |
| Terms | 30 years, fixed rate |
| Credit Score | 640 minimum |
| Mortgage Insurance | Yes |
| Maximum Loan Limit | Yes, varies by county |