Are you thinking of buying a new home? Are you worried about coming up with enough money for a down payment? Well, with a USDA home loan you don’t need to worry and you can be on your way to a new home with no down payment. The USDA home loan program was designed to help people who have a low income, low or bad credit and no money to put down get into a home, the best part is, you don’t have to be a farmer to be qualified for a USDA … [Read more...]
USDA Loan Basics
The USDA loan program has become popular as other mortgage loan programs have been harder and harder to qualify for - and not just because the USDA loan program is a no-down-payment loan program. There are other USDA loan advantages (such as no mortgage insurance) that have made this a popular choice for many homeowners who are looking to buy a home. As with any loan program, there are some basic things about the USDA loan program … [Read more...]
USDA Loan Advantages
The USDA loan is quickly becoming a favorite because of the true no money down options, but did you know that there are really about 6 true "advantages" to the USDA loan over other loan options. 6 USDA Loan Advantages The USDA loan is a true no-money-down loan The USDA loan doesn't have monthly mortgage insurance which saves you money each month on your mortgage payment The USDA loan doesn't have a maximum loan limit like … [Read more...]
