USDA Loan

USDA Loan Services

Homesteading is in the DNA of nearly every American. Available rural land space has shrunk since early settler times, yet many homebuyers today still seek the country life and associated values that help make this country great and keep it strong.

Georgetown Mortgage has a way to help you reach your dream of pastoral living and a big ranch home through the Rural Development Loan from the U.S. Department of Agriculture (USDA).

USDA Loans

USDA loans 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 wish to settle. Qualifying families must be without adequate housing, but able to afford the mortgage payments, including taxes and insurance. In addition, applicants must have reasonable credit histories.

Loan terms are 30-years, and the lender sets the promissory note interest rate. Repayment feasibility is determined by the lender using ratios of repayment (gross) income to Principal, Interest, Taxes, and Insurance (PITI) and to total family debt.

When a USDA Loan Makes Sense to You

When you are ready for homesteading in the wide-open spaces of the country, turn to Georgetown Mortgage for your USDA loan needs. The USDA offers a wide range of property eligibility classifications and loan programs. The advantages of a USDA loan can’t be beat, and feature:

  • 100% financing
  • Zero-down loans
  • Lower, fixed-interest rates
  • Open to applicants with non-traditional credit histories

With a USDA loan via Georgetown Mortgage, you can afford to wrangle your dream ranch location and get plenty of room to build your little casita or modest hacienda of reasonable size, and much more.

Georgetown Mortgage lending professionals will do the math and help you determine your eligibility, interest, and payment terms. You start searching for the rural property that is perfect for your family’s unique needs. Country living is that simple.

Georgetown Mortgage Hears Your Concerns
At Georgetown Mortgage, you get one mortgage originator, one lender relationship, because we don’t believe you should have to re-explain your situation with every conversation.

The Georgetown Mortgage team believes in the Golden Rule: we treat you how we want to be treated—fairly, honestly, equally, and with full transparency. We hire only those loan officers and team members who demonstrate a genuine commitment to providing top customer care for every applicant and borrower, as if each were the only Georgetown Mortgage customer.

You can expect more from your Georgetown Mortgage borrowing experience. Imagine the peace of mind you’ll feel with our Georgetown Mortgage lending professionals on your side.