Benefits of USDA Home Loan
USDA loans are designed by the government to help medium income Americans living in rural and suburban communities buy a new home. They are the most competitive loan in the market
- NO Money Down
- Low interest rates
- 30 year fixed rates
- Government guaranteed
- Roll in your closing costs into the loan
- Flexible credit guidelines
Credit Score Requirements
Credit score requirements for USDA loans are different for each individual situation. Typically you want a credit score above 620, but if you fall below this threshold it doesn’t rule you out.
We have worked with people with credit scores as low as 580, so if you don’t know what your credit score is or haven’t checked it in a while please fill in an application on the right. Once received a USDA loan expert will assess your situation and give you advice on your circumstances.
Find out if you are eligible – FAST
Since 1991, the U.S. Department of Agriculture (USDA) has offered rural development loans for homebuyers. This is provided that the homebuyers are willing to relocate in rural areas or currently live in a qualifying area considered rural / suburban. The USDA does this to encourage growth in rural parts of the country where other agencies, like the Federal Housing Administration (FHA), aren’t as active.
For borrowers that meet USDA loan requirements, they offer many benefits paired with relatively lenient approval requirements. With competitive interest rates and a minimal down payment, USDA rural development loans are great for borrowers living away or planning to move from major metropolitan areas.
Are you eligible? It takes only 2 minutes to see if you qualify
Call now on 1-866-854-4242 or fil in the form to the right.