100% Financing with USDA Loans in Alamosa Colorado

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Mortgage and Lending with Fairway Independent Mortgage Corporation NMLS #395819, FIMC #2289

 

100% financing with Alamosa Home Mortgage Loans and Alamosa CO USDA loans. USDA mortgage Loans in Alamosa are an excellent choice to help with your home buying needs. If you are looking to buy a home in Alamosa, take advantage of this 0% down payment option. Read more about this program below:

-Interest Rates are very competitive compared to both Conventional and FHA Loans. There is 100% financing available with small monthly mortgage insurance (consists of about .30% of loan amounts per year). The 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 the low MI (Mortgage Insurance) to other loan programs that aren't nearly as low and you will see the difference. There are many differences when qualifying for a USDA loan. These are:

Most of the State of Colorado qualifies for USDA loans however, some geographical areas do not. Check at the following website to see if your home qualifies for the program, simply plug in your address: http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=sfp&NavKey=property%4011

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

Another program that fits well with the USDA rural housing program is the Colorado Home Buyer Tax Credit. This program will save you an additional average of over $100 per month off your mortgage interest.

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

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RJ Baxter- Branch Manager, Educator, Speaker, Mountain Biker, Broncos Fan, Snowboard Shredder, Father of Two Crazy Kids

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303-670-0137 (direct)

baxterteam@fairwaymc.com

165 S. Union Blvd, Suite 400

Lakewood, CO 80228

NMLS #395819, FIMC NMLS #2289

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