Think You May Qualify for a USDA Loan?
For many Americans, buying a home is a large personal milestone. It means investing a significant number of years in a specific region or town. It may mean settling down with a significant other and even starting a larger family.
When taking out a home mortgage, it’s important to think about your financial future and know the type of loan you’re getting.
USDA loans are also known as Rural Development Loans. They are insured by the Federal Government and are only available to individuals and families looking to settle in rural areas. Loan applicants may have an income of up to 115% of the median income for the area in which they are settling.
USDA loans offer 100 percent financing, meaning that there is no down payment required. They usually come with lower, fixed interest rates and can be made available to applicants with non-traditional credit histories.
Find a Mortgage Company You Can Trust
At Georgetown Mortgage, we’re committed to finding the right mortgage for you and your family. We promise to present you with the best loan options to fit your financial situation and future plans.
Our company policy is summed up in the golden rule: We treat you the way we’d like to be treated ourselves. Our loan originators stay with you through the entire application process, from the moment you walk in the door to the moment we close out the loan. If you have any questions about a loan or need further clarification on any part of the process, your loan originator will always be there to help.
Contact Georgetown Mortgage to Find the Right Loan for You
To learn more about USDA loans and find out if you qualify, visit the USDA’s Rural Development website.
When you’re looking for a home loan, it’s important to find a lender who cares about and understands your needs. At Georgetown Mortgage, we’re from Texas and we know Texans.Contact us today to find out more information about our USDA loans or any other loans you may be considering.