USDA Loans for Buckeye Arizona Homes--Zero Down!

USDA Loans for Buckeye Arizona Homes--Zero Down!

USDA loans are available for eligible properties in certain rural areas such as Buckeye.  The USDA Rural Development Department offers a direct mortgage as well as a government guaranteed loan.  USDA loans offer zero money down.  

There isn't a loan limit for USDA financing, however the income limit affects how much of a loan you can qualify for.  In Maricopa County the maximum income is $74,750 for up to a 4 person household (some variances apply, please speak with a mortgage professional).   A USDA loan is best for buyers with good to great credit scores but no money for a down payment.  

If you are looking to buy a home soon your first step should be to speak to a mortgage professional about the programs you can qualify for.  Your credit, savings and income greatly affect which program will work best for you.  If you are interested in purchasing a home in Buckeye, make sure to ask your mortgage professional about a USDA loan.  

Not working with a mortgage professional?  Contact me today at 623-252-9350 I will get you in touch with a local mortgage expert.