100% financing with Crowley County Home Mortgage Loans and Crowley County CO USDA loans.
USDA mortgage Loans in Crowley County CO are excellent mortgages to help with your home buying needs. If you are looking to buy a home in Crowley County CO, there is an amazing 0% down payment option for you to take advantage of. Find out more below:
-Interest Rates are still competitive compared to both FHA and Conventional Loans. This program offers 100% financing available with minimal 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 rates that are fixed for 30 years.
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. These differences are: Some geographic areas don't qualify, but most of the State of Colorado does qualify for USDA loans.
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. There are also 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 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.
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