RURAL HOUSING (USDA) LOAN
OUR USDA LOAN CAN GET YOU TO THE QUIET COUNTRYSIDE WITH LITTLE OUT OF POCKET COST
USDA LOAN PROGRAM BENEFITS
NO DOWN PAYMENT
Finance 100% of your home with no down payment requirement
NO MORTGAGE INSURANCE
No mortgage insurance means you have lower monthly payments
FLEXIBLE CREDIT GUIDELINES
Home buyers with less than perfect credit still may qualify for a USDA loan
The USDA determines what “rural” means, and that varies widely by state. But if you’re eligible, you can qualify for lower monthly payments and you don’t need money for a down payment. You’ll also spend less time in traffic driving to the closing.
Down Payment: None
Terms: 30 years, fixed
Credit Score: 620 Minimum
Mortgage Insurance: Yes
Maximum Loan Limit: Yes, varies by county
Security First Financial has years of experience providing eligible borrowers with access to USDA loans. We have intimate knowledge of the local market to offer better terms and rates.