USDA Loans

USDA Loans

Why use USDA Loans as your mortgage option? These Home Loans are issued by qualified lenders and guaranteed by the United States Department of Agriculture. Many home buyers living in low income or rural areas use the USDA Loan.

These Loans offer zero money down, $0, have lenient eligibility requiremnts, and great interest rates because they are backed by the USDA. These mortgages are the only zero money down loans available for buyers that have not served in the military.

Requirements

• Are you ready to purchase a home or land now?
• In what price range are you looking?
• Will this home be your Primary Residence?
• Do you currently own a home now?
• Is this the first time buying a home?
• When do you plan to make an offer and buy a home?
• Do you have a real estate agent to assist you?
• Have you or your spouse served in the military?
• Do you qualify for a zero down payment?
• Do you have money saved for closing costs?
• Are you currently employed?
• What is your gross income before taxes?
• Have you declared bankruptcy in the last 4 years?
• Do you know your current credit score?
• In what city/county do you live now?
• Which city/county are you looking at homes for sale?

To qualify for USDA Loans, there are guidelines that must be met. However, Mr. Jones may have other loan options if you do not qualify for this type of mortgage. Some guidelines: Location, Income, Credit Score, and Property type and other facts that may qualify you and your spouse.