Get A Home Loan With NO Down Payment, Zero Down, 620 Credit Score,

Mortgage and Lending with VanDyk Mortgage Corporation NMLS# 95835,Corp 3035

One of the little known benefits of buying real estate outside of major metorpolian areas  is the fact that due to the "rural" location of these areas, homes in these locations qualify for the USDA-Rural Development Zero Down Payment Home Loan   That means that under the guidelines of this state-backed mortgage program, the borrower is not required to make a down payment nor are they required to have a monthly private mortgage insurance premium.

On a $250,000 home, the savings is two-fold: First, borrowers saves $8,750 in respect to the required FHA down payment (3.5%) and two, borrowers save $183/month in MMI (monthly mortgage insurance). These two savings make this program a "big win" for first time homebuyers helping them qualify for more home for less money.

There are however three main pre-requisites for qualifying for this program:

(1) Borrowers must qualify under the maximum household income cap;

(2) The home must be located in a USDA eligible region; and

(3) The borrower(s) must have over a 620 Credit Score

(1) The borrower must not exceed the annual household income requirements (example. a family of 1-4 must not exceed a household income greater than $74,050 annually.)  I recommend a 3-4 minute phone call to discuss your ‘total household income' under USDA guidelines.

(2) Second, the borrower must purchase a home in a USDA-RD approved region.   - CLICK HERE to verify a USDA eligible address. I always recommend that my clients work with a Real estate agent  that understands the USDA Rural Development Program. From helping you find and locate a USDA  RD eligible home, to understanding the funding and closing process, it is key  that your agent  understand this program.

(3) USDA Credit Score Guidelines. The USDA program is about as "flexible" as any loan program available today. In some cases, borrowers may even qualify with collections, a recent bankruptcy,

If you are interested, I offer all of my clients a Free No Obligation Mortgage Credit Analysisto address a clear game-plan for establishing A+ credit and detailing the home buying process.

As always, if you have any questions, please feel free to contact me directly at 866 435 6553 or visit me online at


Bill McDonald 866 435 6553


USDA Home Loan, Rural Development, RD, No Down Payment, Low Down Payment, Zero Down, No Mortgage Insurance, Home For Sale, Home Loans, Mortgage, Tennessee, Alabama, Louisiana, Bill McDonald



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Specializing in Government Home Loans.  FHA, VA and  USDA Rural Development


Alabama: License # 52935

Birmingham, Montgomery, Mobile, Huntsville, Tuscaloosa, Hoover, Dothan, Decatur, Auburn, Gadseden, Florence, Bessemer, Madison, Prichard, Phenix City, Homewood, Vestavia Hills

Georgia: License # 36362

Albany, Atlanta, Augusta, Alpharetta, Athens, Canton,  Columbus, Dalton, Dunwoody, Johns Creek, Macon, Marietta, Roswell, Sandy Springs, Savannah, Smyrna, Valdosta, Warner Robbins

Kentucky: License # MC305583

Louisville, Lexington, Bowling Green, Owensboro, Covington, Hopkinsville, Richmond, Florence, Elizabethtown, Frankfort, Paducah, Independence, Danville

Louisiana: License # 35486

Alexandria, Baton Rouge, Bossier City, Central, Denham Springs, Hammond, Houma, Kenner, Lafayette, Lake Charles, Livingston,  Marrero, Metaire, Monroe, New Iberia, New Roads New Orleans, Prairieville, Shreveport, Slidell, Walker

Tennessee:  License # 108470

Bartlett, Bristol, Chattanooga, Clarksville, Cleveland, Collierville, Columbia, Cookeville, Crossville, Fairfield Glade, Franklin, Germantown, Goodlesttsville, Hendersonville, Jackson, Jamestown, Johnson City, Karns, Kingsport, Knoxville, Memphis, Morristown, Murfreesboro, Nashville, Oakridge, Smyrna, Spring City


Abilene, Amarillo, Arlington, Austin, Beaumont, Brownsville, Carrollton, Cypress, Dallas, Denton,  El Paso,  Ft. Worth, Frisco, Garland,  Grand Prairie, Houston, Irving, Killeen,  Lubbock, McAllen, McKinney, Mesquite, Midland, Pasadena, Plano, San Antonio, Tyler, Waco, Wichita Falls


We offer VA Loans,  FHA Loans, USDA Loans, and more across Alabama, Louisiana, Texas and Tennessee


Bill McDonald NMLS # 95835

VanDyk Mortgage NMLS # 3035


Bill McDonald-VanDyk Mortgage

705 Gate Ln Suite 202 104

Knoxville, TN 37909

(865) 686-8711

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Bill McDonald

VA, USDA, FHA Government Loans - (865) 686-8711
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