USDA Guaranteed Loan
ELIGIBILITY LINKS
Property Eligibility - See if the property that you would like to buy is in a qualified area - Click Here
Income Eligibility - See if your income qualifies for a USDA Guaranteed Loan - Click Here
Many of you have heard about USDA Rural Development Guaranteed Home Loans, and how borrowers are able to qualify for 102% financing without putting any money down. What many borrowers, mortgage and real estate agent may not know, or fully understand is how easy it is to qualify and fund a USDA guaranteed loan. In some instances USDA guaranteed loan can be qualified and closed in as little as two and a half weeks!
Unfortunately, the word “Rural” usually brings to mind a farm or barn, or some out-of-the-way backwoods place. This is not at all the case with USDA Guaranteed Rural Development Home Loans. While properties that are in the countryside may qualify for USDA financing, the real advantage of this loan program is that it can be used to finance virtually any single family residence in a qualifying area…and just about every county in
Here are some highlights of the program
- 102% LTV - 100% Financing
- No Mortgage Insurance
- 30 Year Fixed Rate
- No Loan Limit
- Fees & Repairs may be Financed
- Unlimited Gifts or Seller Contributions
- No Reserves Required
- Great financing option for those of you purchasing, fixing, and reselling within a short time frame
Alameda, Alpine, Amador Butte Calaveras Colusa Contra Costa Del Norte El Dorado Fresno Glenn Humboldt Imperial Inyo Kern
Kings Lake Lassen Los Angeles Madera Marin Mariposa Mendocino Merced Modoc Mono Monterey Napa Nevada Orange Placer
Plumas Riverside Sacramento San Benito San Bernardino San Diego San Joaquin San Luis Obispo San Mateo Santa Barbara
Santa Clara Santa Cruz Shasta Sierra Siskiyou Solano Sonoma Stanislaus Sutter Tehama Trinity Tulare Tuolumne Ventura Yolo Yuba
