Have you been thinking about wanting a home out of the city? A lot of people want the privacy and lifestyle that these USDA loans can give you. USDA loans are perfect for home owners looking to move to a rural or suburban area.
Why would you choose a USDA loan?
A USDA is perfect for a few reasons and one is no down payment. These loans have low interest rates, low mortgage insurance costs and a flexible payback schedule in some situations.
The term “rural” in these loans just leans outside of large cities. To see if you could qualify for one of these USDA loans you can check this map.
If you still have any questions about the USDA loan program you can talk to one of our loan officers.
This post was written by Trulend Mortgage