USDA Home Loans
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USDA home loans are amazing! Today we had David Corwin, Deputy Director with the USDA on our show to talk about eligibility and the benefits of a USDA home loan.
Did you know:
- You can buy a home using a USDA home loan with zero down payment
- They work off of the appraised value, not the purchase price which means that you could potentially finance more than what you bought the home for.
- The income limits are 115% of the median income in the area where you will purchase (this is quite generous). 67% of households in the US will qualify
- 92% of the homes in the US are within USDA approved rural areas
Want to learn more or talk with one of us today? Give us a call, we’d be happy to discuss this loan program with you. 844-935-3634
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Debbie Marcoux is licensed by the Department of Financial Protection and Innovations under the California Residential Mortgage Lending Act, NMLS ID 237926, also licensed in AZ-0941504, FL-LO76508, GA-69178, ID-167867, IL-031.0058339, NV-57237, OR, TN-184373, TX, WA-MLO-237926