USDA Loans
United States Department of Agriculture has a 100% loan program:
- No down-payment required
- Helps buyers with lower credit scores
- Seller can pay closing costs up to 6%
- Saves by reducing your payments with much lower mortgage insurance premiums
Applicants Must
- Meet income-eligibility Click Here
- Must occupy the dwelling as their primary residence
- Be a U.S. Citizen, U.S. non-citizen national or Qualified Alien
- Have not been suspended or debarred from participation in any federal programs
- Purchase a property that meets all program criteria
- Property must be located in a USDA Eligible Area
- Closing costs can be financed into the loan
- Minimal credit score requirements
- Low monthly mortgage insurance