Rest Easy with a USDA Loan
If you’re looking to live in a quiet neighborhood or out in the beautiful countryside, we have mortgage programs just for you. With our USDA home loans, you can rest easy with 100% financing, favorable fixed-rate terms and competitive interest rates.
Our USDA home loan programs…
- Offer 100% home financing with no down payment*
- Feature income flexibilities and lenient credit score requirements
- Finance many property types—including rural and suburban homes**
*Closing costs and fees may still apply.
**The home must be located within a USDA-eligible area.
USDA Loans in Corpus Christi
Think that USDA loans are only for farmers? This isn’t the case – and here at PRMI, a leading national mortgage lender with local specialists, we’ve helped many aspiring home buyers in Corpus Christi become homeowners through this mortgage program.
Purchasing a property in a USDA-designated rural region is a requirement, and being the 8th largest city in the state, Corpus Christi itself doesn’t meet the definition of rural. However, many homes throughout Nueces County and the South Texas Gulf Coast are located in eligible areas. And given the many benefits that come with the USDA mortgage program, it’s worth consideration.
First of all, USDA home loans offer 100 percent financing – meaning that qualified borrowers can buy a home with no down payment. Backing from the U.S. Department of Agriculture makes for less of a risk for the mortgage company, too, and the interest rates with these loans are among the lowest available. Plus, the mortgage insurance costs are more affordable those with FHA loans and conventional financing.
USDA financing is open to repeat and first-time home buyers who meet the income limit, earning no more than 115 percent above the local average. However, household size is factored into the income eligibility equation, and because of this, a considerable number of Corpus Christi residents qualify for the mortgage program.
Would you like to know more? PRMI, a trusted mortgage lender, is here to help you find the perfect financing solution. For advice on USDA loans and expert guidance throughout the home loan journey, contact one of our mortgage loan lenders in Corpus Christi, Texas, today!