San Antonio area USDA 100% financing for home loans

Mortgage and Lending NMLS # 243437

Phenomenal USDA loans in San Antonio are available to help you with your home purchase needs.


San Antonio home buyers have at their disposal a true 0% down option payment on those searching for homes in San Antonio,Texas.


Other benefits for home buyers, such as keeping their cash reserves for other purposes than spending it on a down home payment, exist.


Gratefully, there is a special loan government program that can assist with this.


Often times, Home buyers success is due to having enormous post closing cash reserves.


Next, it would benefit a home owner to have at least 6 months of reserves on hand for emergency purposes, these reserves can include: hot water heaters, air conditioning and heating units, a washer and dryer, among other appliances like a stove, oven and disposal.


Most home owners do buy new home furniture or blinds and draperies to go with the purchase of their new home.


We can structure together a purchase so that you will pay nothing out of your pocket.


Find out more below about 100% financing on San Antonio USDA loans: When compared to FHA and Conventional Loans, Interest Rates are still competitive.


.30% of loan amounts every year happen because of small monthly mortgage insurance with 100% financing on USDA loans.


The benefits to a USDA mortgage loan are: 1.You can get 100% financing with a 0% down payment on your USDA loans and 2. San Antonio,Texas area has a 30 year fixed interest rate on USDA loans.


You can save a lot when you compare Conventional and FHA loans to a USDA loan on Mortgage Insurance rates that are currently low.


Make sure your home is defined by congress as being in a USDA eligible area.


The USDA loan program is available to most of Texas, although in some parts it is not available.


Most of the area surrounding the city ofSan Antoniois eligible for a USDA loan.


For information on if your home purchase meet the eligibility requirements, visit:


Use a USDA mortgage loan to buy your new home after you have determined that is in an eligible USDA area.


Barring Income restrictions, a series of credits that dependents and child care are awarded can be used to figure out the family's "qualifying income".


Below is the site you need to use to do the calculations on if your family is eligible: This is the USDA home loans website.


To determine if your family qualifies, there is a formula that is based on  the number of people that are in your family. Not all families will qualify.


An approved lender will go over the details with you and what your options are.


To insure that your loan approval is not delayed, choose a mortgage banker rather than a mortgage broker as both do things that the other can't do.


Last, choose an experienced USDA mortgage lender that will save you thousands of dollars on your USDA home loan.


Setting up escrow, accounts for future taxes, insurance and titles policies, etc. can all be paid for by a seller who has a structured contract that gives you the buyer contributions to cover your closing costs.


It is important that you use an experienced lender who can provide in house underwriting, process and close your 100% financing USDA Loan in San Antonio and areas that surround it as some provisions are available on new home appliances that are purchased.


For more information on 100% financing USDA loans in San Antonio, please contact Joy Bates, Senior Loan Officer of the Legacy Mortgage Team, NMLS #243437 at 817-860-3232,, or

Posted by

The Legacy Group of CrossCountry Mortgage

Chad and Joy Bates NMLS #243437


Email Us 


1205 West Abram St. 

Arlington, TX 76013


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