The USDA Guaranteed Loan Program provides one of the most affordable loan programs to Americans today. This is a great program for those that qualify because it is a 100% financing program, meaning there is no down payment required. USDA Home Loans can be used to purchase or refinance your home.
Benefits of Using a USDA Loan:
- 100% Financing
- No money down
- Low monthly mortgage insurance
- Low interest rates
- Easier credit qualification
- Low fixed monthly payments
- No prepayment penalty
- 15, 20, and 30 year fixed-rate options
- Using an USDA Approved lender usually means lower closing costs
How do I know if I qualify for a USDA Rural Home Loan?
Rural Housing Loans are now easier to qualify and are a financially secure option for any homeowner. Financing depends on two factors and does have some limitations including the location of the home and the total combined income of the household.
We offer a number of loan programs that may be right for you. Count on your ZABE Mortgage Group loan professional to help you select the best one.
Are You Really Ready To Get Started?
Here is a video to help you answer this question. If at the end of this video you feel like you have answered “Yes” to all of the questions, fill out the form below or give us a call today at (559) 664-1930.