USDA loans Columbine Valley

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

USDA mortgage Loans in Columbine Valley are can help you with your home buying needs, and can be an excellent choice. If you are looking to buy a home in Columbine Valley , 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. The best features of the USDA home loan include 100% financing with no down payment and interest rates that are fixed for 30 years.

There is 100% financing available with a very small monthly mortgage insurance payment compared to other types of loans (consists of about .30% of loan amount per year). Compare your low MI (Mortgage Insurance) to other loan programs that aren't as low.

There are several differences when qualifying for a USDA loan. The differences are: Most of the State of Colorado qualifies for USDA loans however, some geographical areas do not. A very easy and efficient way to determine if you are in an eligible is by visiting this website and putting 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 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.

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.