Do you want to buy a property in a rural area? Is the price of the home too high? Consider taking a USDA loan.
A USDA loan, backed by the United States Department of Agriculture (USDA), is a mortgage program designed to aid those who aim to buy a residence in a rural area.
However, the USDA home loan process is not as simple as it sounds! Eligible borrowers should satisfy specific criteria to get a USDA loan. These criteria have to do with the:
Location: Borrowers must be searching to obtain a house in a USDA-qualified rural or suburban area.
Income: They should have a consistent, yet moderate income that does not surpass certain limits, as these loans are aimed at supporting those with moderate means.
Creditworthiness: While credit criteria are flexible, borrowers are usually expected to have a reasonable credit history.
Wave Lending Group in Puyallup is here to make the USDA home loan process easier and hassle-free!
As a reputable and experienced mortgage brokerage company, we provide low USDA loan rates and a simple application process, making sure everyone can achieve their rural or suburban homeownership goals.
Call us today to find out more about USDA loans!
https://ift.tt/z71V8Bv
from GMB Posts For Location "Wave Lending Group #21751" https://ift.tt/JH1cGIU
via IFTTT
No comments:
Post a Comment