Is it difficult to come up with the 10 to 20 percent needed as a down payment for a conventional loan? Know that there are mortgage loan products available that allow buyers to purchase homes for little to no money down. USDA loan programs are one of such programs making it possible to own a home in rural and some suburban areas.
Find out more about USDA home loans and eligibility requirements today.
What are USDA Loans?
These type of loans are offered through the USDA Rural Development Guaranteed Housing Loan Program and can be used to purchase a home in rural and many suburban areas. This type of loan is popular because it offers a zero money down option toward financing a home. The loan can be used to finance 100 percent of the purchase…