USDA Home Loans, 100% Financing!
Channel: Mortgage Mom Radio
Date: 2022-04-07

4/6/2022

USDA home loans are amazing! Today we had David Corwin, Deputy Director with the USDA on our show to talk about eligibility and the benefits of a USDA home loan.

Did you know:

You can buy a home using a USDA home loan with zero down payment

They work off of the appraised value, not the purchase price which means that you could potentially finance more than what you bought the home for.

The income limits are 115% of the median income in the area where you will purchase (this is quite generous). 67% of households in the US will qualify

92% of the homes in the US are within USDA approved rural areas

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Debbie Marcoux is licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act, NMLS ID 237926, also licensed in AZ-0941504, FL-LO76508, GA-69178, ID MLO- 2080237926, IL-031.0058339, NV-57237, OR, TN-184373, TX, WA-MLO-237926