Advantages of a USDA Home Loan

• No Money Down
• No Mortgage Insurance
• 620 Minimum Credit Score

Our team makes securing a USDA Home Loan in Washington State quick and easy. We are available 7 days a week to review your loan application and determine if your eligible for a USDA Home Loan. Contact us directly at (206) 569 USDA to get the process started today.

Basic USDA Loan Qualification Requirements

• Borrowers must have income within the USDA Income Limits
• Borrowers must purchase in a rural area
• Borrowers must have at least a 620 minimum credit score
• Must be purchasing a primary residents
• No Bankruptcy in the past three years

USDA Home Loans have been so popular in 2010 that the program ran out of funds by May leaving many home-buyers stranded, however, with the passing of the Supplemental Appropriations Act USDA Home Loans will begin available again with one small caveat.

Previously USDA Home Loans required a 2% one time funding fee which has been increased to 3.5% to help cover the government’s cost of providing the USDA loan guarantee. Ultimately this change makes the loan slightly more expansive for borrowers, however, USDA borrowers can finance the “3.5% guarantee fee” into the new loan balance.

Washington USDA Home Loans still remain the best options for borrowers looking to purchase homes in rural areas with little or no money down. For additional information contact the USDA Mortgage Group Today!

Advantages of a USDA Home Loan

• No Money Down
• No Mortgage Insurance
• 620 Minimum Credit Scores
• Sellers Can Pay Borrowers Closing Costs

The USDA Mortgage Group of Cornerstone Home Lending is here to serve all of your rural mortgage needs. Do you have questions? Do you need to get the USDA Home Loan process started immediately? If so, contact us today 206 569 USDA. Our team specializes in USDA home loans for Washington State residents. Our experience in USDA lending insures that your USDA home loan will close on time and on budget. Talk to the local experts today.

Demand for USDA Mortgages has trippled between 2005 and today, find out what the buzz is about. If you havn’t considered a USDA Home Loan you’re missing out.

About the USDA Mortgage Group

• Read our About Us Page
• Watch our USDA Mortgage Video
• See what our past clients are saying in our USDA Testimonials Page
• See our Yakima County USDA Page

Why are USDA Home Loans so Popular?

• No Mortgage Insurance Premium
• No Down Payment Require
• 620 Credit Scores and Up

After a few months of waiting the USDA Mortgage Group is proud to announce that in the coming weeks USDA home loans will become available to our clients in Washington and Oregon.

Congress finally passes the bill !!

Congress passed the Supplemental Appropriations Bill (which included funding for the USDA program) on Tuesday July 27, 2010, the President signed the bill last night. Now that funds are on the way…the USDA Mortgage Group of Cornerstone Home Lending will begin locking new USDA Home Loan in the next few weeks. 

Why are USDA Home Loans so popular in Washington and Oregon?

• No Down Payment Required
• No Mortgage Insurance Premium
• Sellers Can Pay Borrowers Closing Costs
• 620 Credit Scores and Up are Allowed

Get you loan started today!

• Call us Directly (206) 569 USDA
• Get a free quote
• Get all your questions answered by local professionals

Clallam County Washington is considered rural by the USDA, meaning that the entire County is eligibile for a USDA Home Loan. With a USDA Home Loan borrowers in Clallam can purchase homes for Zero Money Down if they meet the USDA eligibility guidelines.

Benefits of a Washington USDA Home Loan

• No Down Payment - buy a home with minimal out of pocket expenses
• No Mortgage Insurance - which can save you hundreds per month
• Sellers can Pay Buyers Closing Costs 
• 620 Minimum Credit Score

USDA Eligibility Map For Clallam County Washington

* all of Clallam County is Eligible for a USDA Home Loan

How to get the process started

The best way to determine if a USDA Home Loan is right for you is to call us directly at (206) 569 USDA. Our team specializes in USDA Home Loans. With a short conversation we can determine if you’re eligible and answer any questions you might have.

We Server All of Clallam County including these communities

• Agnew
• Beaver
• Bell Hill
• Blyn
• Carlsborg
• Clallam Bay
• Coville
• Crane
• Crescent
• Disque
• Dungeness
• Elwha
• Forks*
• Happy Valley
• Jamestown
• Joyce
• King Hill
• La Push
• Little Oklahoma
• Lower Elwha
• Maple Grove
• Midway
• Mora
• Mount Pleasant
• Neah Bay
• Old Royal
• Old Town
• Olympic Hot Springs
• Ovington
• Ozette
• Piedmont
• Port Angeles*
• Port Williams
• Pysht
• Ramapo
• River Road
• Sappho
• Sekiu
• Sequim
• Shadow
• Shuwah
• Snug Harbor
• Twin
• Washington Harbor
• Whiskey Bend
• Windy Arm

What is a Washington USDA Home Loan?

In short a USDA Home Loan is a government insured mortgage offered to borrowers in Rural Areas of Washington.  Rural Areas, typically meaning, a town with a population less than 25,000. Because San Juan County is sparsely populated, all of the county is eligible for a USDA Mortgage.

USDA Home Loan San Juan Eligibility Map

Advantages of a USDA Home Loan

• No Down Payment Required
• No Mortgage Insurance
• Sellers can pay Borrowers Closing Costs
• 620 Minimum Credit Score

For these reasons as others, USDA home loans have become extremely popular in Washington State over the past few years. Simply put, if you are purchasing a home in a rural area you need to give the Washington USDA Home Loan a closer look.

USDA Home Loans Washington – Program Summary

• Must be used in Rural Areas
• Borrowers must meet the USDA Income Eligibility Limits
• Must be used for Purchase of a Primary Residence
• Borrowers must meet all USDA Credit Eligibility Guidelines

If a USDA Home Loan sounds like something you might be interested in give us a call today. We specialize in Washington State USDA Home Loans. Our in depth understanding of the USDA loan process and credit guidelines will help insure you mortgage closes as scheduled.

USDA Mortgage Group.com – Call Us Today! - (206) 569 8732

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Basic Requirements for a USDA Home Loan in Washington

• Must be purchasing in a USDA Rural Area
• Must met the Washington USDA Income Limits
• Must met the USDA Credit Guidelines
• Must have a credit score above 620

Resident of Island County will be glad to hear the all of Island County is Eligible for a USDA Home Loan. This means borrowers who meet the USDA Home Loan Guidelines can purchase a home with No Money Down using a USDA Home Loan.

USDA Property Eligibility Map for Island County Washington

Other USDA Home Loan Resources on our Site

• Watch our Video: USDA Home Loans Explained
• Read about our team: USDA Mortgage Group
• See what our past clients are saying: USDA Testimonials

We serve all Island County Communities Including:

• Austin
• Baby Island Heights
• Bay View
• Bells Beach
• Beverly Beach
• Bretland
• Camano
• Camp Diana
• Clinton
• Columbia Beach
• Coupeville
• Coveland
• Driftwood Shores
• Freeland
• Glendale
• Greenbank
• Harbor Center
• Indian Beach
• Juniper Beach
• Langley
• Lona Beach
• Mabana
• Madrona Beach
• Marketown
• Maxwelton
• Midvale Corner
• Oak Harbor*
• Pebble Beach
• Penn Cove Park
• Possession
• Prairie Center
• Rockaway Beach
• Rodena Beach
• San de Fuca
• Saratoga
• Saratoga Shores
• Sunlight Beach
• Sunny Shore Acres
• Sunset Beach
• Swantown
• Terrys Corner
• Tyee Beach
• Utsalady

Advantages of a USDA Home Loan

• No Down Payment Required
• No Mortgage Insurance
• 620 Minimum Credit Score
• Sellers can Pay Borrowers Closing Costs

With benefits like these it’s no mystery why Washington USDA Home Loans have become extremely popular over the last few years. In today’s loan market only 2 home loans offer Zero Money Down Purchase: those 2 are the USDA and VA Home Loan Program. When compared directly to FHA and Conventional Loans the USDA home loan become the clear choice for borrowers in rural areas. FHA loans require a 3.5% down payment while Conventional loans require up to a 10% down payment. Furthermore FHA and Conventional loans require Mortgage Insurance when the Loan to Value (LTV) is above 80%, USDA home loans on the other hand do not require Mortgage Insurance.

USDA Eligibility Map for Mason County Washington

Because Mason County Washington is rural, the entire County is eligible for a USDA Home Loan. If you are buying a home in Mason County Washington and need help with a USDA Home Loan contact us today.

More information on Washington USDA Home Loans

• Watch our video: USDA Home Loans Explained
• Read our most commonly asked USDA Questions
• Read about the USDA Mortgage Group

USDA Home Loans Mason County – Communities Served Include

• Agate
• Allyn
• Arcadia
• Ballow
• Bayshore
• Belfair
• Dayton
• Deckerville
• Dewatto
• Eldon
• Fair Harbor
• Forbes
• Forest Beach
• Frisken Wye
• Graham Point
• Grant
• Grapeview
• Hartstene
• Hoodsport
• Kamilche
• Lilliwaup
• Little Hoquiam
• Marmac
• Matlock
• Mohrweis
• New Kamilche
• Oakland
• Potlatch
• Shelton
• Skokomish
• Stimson
• Sunbeach
• Sunset Beach
• Tahuya
• Triton
• Union
• Victor

What is a USDA Home Loan?

• Designed for moderate to low income borrowers
• Primarily used for Purchase of a Single Family Home
• Rural Mortgage: can only be used in rural areas
• No Down Payment required
• No Mortgage Insurance
• Minimum Credit Score 620
• Sellers can pay Buyers Closing Costs

In recent years the demand for USDA Home Loans in Washington has skyrocketed. This due to the fact that a USDA Home Loan is one of the only mortgage types remaining that allow for a Zero Money Down Purchase. That’s right, USDA Borrowers can buy a home Without a Down Payment. Furthermore, Washington USDA Home Loans do not have Mortgage Insurance, which can save borrowers hundreds per month when compared to an FHA mortgage.

How do I learn More about Washington USDA Mortgages?

We strive to educate our clients, that is why we have created this website and made ourselves available 7 days a week to answer any USDA questions you might have. Below is a list of resources which are available at any time on our USDA Mortgage Group website:

• Watch our USDA Video – USDA Mortgages Explained
• View the USDA Income Limits for Washington State
• View the USDA property eligibility page to see which areas are eligible
• Read our USDA testimonials to see what past clients are saying

 USDA Eligibility Map – Grays Harbor County – Hoquiam and Aberdeen USDA Loans

A majority of Grays Harbor County is considered Rural by the USDA and is eligible for a USDA home loan. The only populated area of Grays Harbor County is the town of Hoquiam Washington. As shown by the map below, the areas outside of Hoquiam and Aberdeen Washington are eligible for a USDA home loan.

*Dark Orange Areas are Ineligible 

USDA Mortgage Group.com

Call Us Today! - (206) 569 8732