Adams County Colorado USDA rural housing home loans, 100% financing for Adams County Home Mortgage Loans.
USDA mortgage Loans in Adams County are excellent mortgages to help with your home buying needs. There is an amazing 0% down payment option for you to take advantage of if you are buying a home in Adams County or the surrounding areas. Find out more 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).
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 this to other loan programs that aren't as low, and you will see the savings.
There are many differences when qualifying for a USDA loan that you should be aware of. The differences 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.
We are one of only a few lenders who also offer the Colorado Home Buyer Tax Credit which will save you an additional (on average) 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.