Your path to zero down home loan financing, learn what Meeker CO USDA Rate you qualify for today!
One of the best mortgage loan financing options available today, the USDA Rural Guaranty loan program in Meeker CO and surrounding areas offers low rates and payments for home buyers. Combine 100% home loan financing with low monthly mortgage insurance, and you will be ensured a low payment on your new Colorado home purchase.
Check Meeker CO USDA Rates Here
Here are the highlights of the USDA Rural Housing program:
- Property must be located in a small town or rural area.
Check the eligibility of your home by visiting the USDA eligibility website, just input your home address: http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=sfp&NavKey=property%4011
- 100% financing is still available. No down payment!
- Household income limits do apply.
- Make-sense underwriting standards. Some credit blemishes are OK.
- Fixed 30 year terms and low USDA home loan rates.
- Monthly mortgage insurance is .
30% of loan amount per year as of July 2013. USDA offers a series of credits that can help you qualify. If you have to pay child care or have any dependents under 18 years of age, you may qualify for the USDA credits. The Home Buyer Tax Credit or Colorado MCC can also save you more money; on average, an additional $100+ off your mortgage interest, but you must work with a lender who is approved for this great program.
It makes all the difference to work with a lender who underwrites and funds USDA loans "in house." USDA loans can be tricky for lenders who don't understand the differences from other loans, so working with a lender who understands the program is critical to a hassle free, on-time closing.
For more information about USDA home loans in Meeker CO or to obtain a no obligation USDA Loan Rate quote for Meeker Colorado, please contact RJ Baxter at 303-670-0137.
Comments(0)