Did you know USDA loans offer 100% Financing? Two important Program Highlights to note with USDA Loans:
The property must be in a Rural Development Eligible Area (ask your lender to verify).
Income limits DO apply.
Generally, you can’t make more than 115% of the area’s median income. Also, lenders will look at the total household income, including people who won’t be obligated on the new mortgage.
Thinking a USDA home loan might be right for you? Let’s see what you qualify for and start shopping for your dream home today.
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