100% Financing for Longmont Home Mortgage Loans and USDA loans

Longmont, Colorado USDA home loans, 100% financing with Longmont Home Mortgage Loans.

Longmont, Colorado area buyers are now able to get 100% financing through USDA loans. Home buyers looking to purchase homes in the Longmont, Colorado area can do so with a down payment of 0%. More information on how you qualify is below:

-Interest Rates are still competitive compared to both FHA and Conventional Loans. There is 100% financing available with small monthly mortgage insurance (consists of about .30% of loan amounts per year).

Biggest features of a USDA home loan include 100% financing with no down payment and interest rate loans that are fixed for 30 years.

Compare your low MI (Mortgage Insurance) to other loan programs that aren't as low. To find out more about qualifying for a 100% financing USDA loan, read below:

Most of the State of Colorado qualifies for USDA loans however, some geographical areas do not. USDA has a great website for you to check out if your property qualifies or a home you are interested in buying is in an eligible area- visit this URL and put your address in the search bar: USDA Property Lookup

If your property is in an eligible area, you can use a USDA loan to purchase the new home. You can use a series of credits that are afforded for child care and dependents under 18 years of age as you calculate the family's "qualifying income." An important part is to find a lender that provides "in-house" USDA home loan programs.

For more information on getting a USDA loan, please contact RJ Baxter or Lori Barb, NMLS #395819 at 303-670-0137, http://www.cohomesandloans.com, or .