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Many of us have grown accustomed to living within the city limits. The buildings are tall. The infrastructures skew the views of the plains and countryside while vehicles run constantly through busy streets. This isn't always a bad scenario, but there are some who love the quietness of the wind or the not-so-busy streets. Peace is what they call home. We understand and that's why we're happy to provide a loan that might make it easier to obtain your goal. Below are the advantages. Take a look and then give us a call if you have any questions! 620.860.4480.
USDA Loans for Rural Homebuyers
An affordable mortgage is within reach for rural Americans who want to own their dream home. The Rural Housing (USDA) program offered by Primary Residential Mortgage, Inc. is a home loan program for aspiring homebuyers who want to purchase a house within an eligible rural area.
Advantages of Getting a USDA Loan
Besides the zero down payment, the USDA loan boasts of these excellent benefits:
- Competitive Interest Rates – The USDA guarantee makes the interest rate of USDA loans one of the lowest on the market.
- Flexible Credit Guidelines – It’s possible to qualify for a rural housing loan even with less-than-stellar credit.
- Millions Are Eligible – The majority of the country falls within what the USDA deems an eligible area.
Reach out to us today for any inquiries about our rural housing USDA loans.
Requirements
| Down Payment | None |
| Terms | 30 years, fixed rate |
| Credit Score | 640 minimum |
| Mortgage Insurance | Yes |
| Maximum Loan Limit | Yes, varies by county |
Thanks for reading our blog! If you have any questions, give us a call or contact one of our loan officers on this website. 620.860.4480 | www.primeres.com/hutchinson