• Step 1 of 2

    Good (640-699) Credit Score:
  • Step 2 of 2: Request A Phone Call

USDA Home Loans Start Here

No Money Down + 30 Year Fixed Rate + Flexible Credit Terms

USDA Home Loans

Program Basics

A USDA Home Loan can provide an excellent source of capital for borrowers looking to buy homes in rural areas throughout Washington & Oregon State. Under the USDA Mortgage Program households can borrower up to 102% Loan to Value (LTV) for a new home purchase and refinance existing USDA loans. This program has become extremely popular in the last 2 years because it is one of the only mortgage programs that allow for a Zero Money Down Purchase.

Benefits of a USDA Home Loan

  • Up to 100% LTV loans for existing homes or new construction
  • Very Low Interest Rates – as compared to high LTV conventional loans
  • Monthly Mortgage Insurance (MI) is not required
  • Target specifically for homeowners in rural areas of Washington State
  • No requirements to be a “first-time” home buyer.
  • Minimal or Zero cash to close because of high LTV Limits
  • One-time guarantee fee, payable to Rural Development (RD) at closing, which can be rolled into the new loan balance above the appraised value, as follows:
    • Purchases – 3.50% of loan amount
    • Refinances – .50% of loan amount
  • 30-year fixed-rate mortgages, fully amortized
  • No penalty for pre-payment.
  • No maximum loan limit.
  • Loan limits are based on borrower’s income with respect to program eligibility
  • Program allows for credit scores of 620 and up

How to get started your USDA Loan started…

  1. Contact the USDA Mortgage Group to determine if a USDA loan is the best fit for your situation
  2. Submit an Online Application to determine USDA Program eligibility
  3. Lock Interest Rate and start the loan process

We are closing USDA Mortgages in Washington & Oregon

If you would like to work with a trusted USDA professional based in Washington or Oregon, give us a call today. We provide an attractive mix of low interest rates, local expertise, and one-on-one customer service. Our motivation comes from building client relationships for life.

USDAMortgageGroup.com – Call Us Today! – (206) 707-9658