Lavon TX 100% financing on USDA Home Loans l USDA Loans Lavon Texas

Mortgage and Lending with CrossCountry Mortgage NMLS # 243437

Lavon TX 100% financing on USDA Home Loans

 USDA home loans are awesome mortgages to assist you with your home buying in the Houston, Texas area.  

 A 0% down payment option for home buyers looking to purchase a home in Lavon, Texas is available. 

 A significance to home buyers is the ability for them to keep their cash reserves rather than spend it on a down payment for a new home. 

 The government has a special USDA loan  program that will assist home buyers with this.



 More often than not, Home buyer success is because of huge post cash closing reserves that you receive.   

 Generally, home buyers want to have 6 months of reserves such as hot water heaters, heating and air conditioning units, oven, stove, disposal as well as other appliances like a washer and dryer on hand in case any emergency happens. 


 A lot of home buyers probably buy new furniture or draperies to go along with their new home purchase. 

 The ideal goal for us to is structure together a purchase for you that results in having to pay no cash out of your own pocket. 

 Read below for information on USDA loans in Lavon, Texas: The interest rates in today's market are surprisingly still competitive with FHA and Conventional Loans.




 Each year about .30% in loan amounts is taken out due to small monthly mortgage insurance payments that have Lavon TX 100% financing on USDA Home Loans

 Due to this, 2 benefits to a USDA home loan exist: 1. 100% financing with a no down payment option on your USDA loans is available to you and 2. The Lavon, Texas area is eligible for a 30 year fixed interest rate on USDA mortgage loans. 

 Low MI (Mortgage Insurance rates are available with FHA and Conventional Loans so that you save your money!



 Your home must be in a USDA eligible area in Lavon, Texas that is defined by Congress.




 Most of the State of Texas is eligible for a USDA loan program although not every city is. Most of the city of Lavon is eligible for a USDA loan. 

 Visit: to find out if you are in a qualifying area.



 If, after you have visited the USDA Loans eligibility website and it is determined that your home meets the proper requirements, than you use a USDA mortgage loan to purchase that home.



 Numerous credits to determine your family's "qualifying income" are available to child care and dependents that are under 18, however income restrictions do apply.



 USDA Eligibility website This is the USDA home loans website that you need to use to do the calculations to see if your family is eligible.  The number of people in your family can be used to determine if your family meets the eligibility requirements. It is absolutely essential that you hire a lender that can assist you and your family with this process. 

 Don't choose a mortgage broker to do your USDA loan approval because delays in your loan approval may happen. Use a mortgage banker to prevent this. To save thousands of dollars at your closing, hire a mortgage lender with all the knowledge that there is to know about USDA loans.  The ultimate goal is to save you money. 


 Sellers can use a contract to assist them with their buyer or seller contribution, which ultimately covers closing costs that involve setting up escrow, title policies and accounts for future taxes and insurance. It also can be used for the seller to purchase their insurance policy. 

 Some provisions for possible purchases of new appliances exist, so you must choose a mortgage lender that can process, underwrite in house and close your 100% USDA loan in Lavon, Texas and the surrounding areas. 


 If you would like more information on how to get a USDA loan, please contact Joy Bates, Senior Loan Officer of the Legacy Mortgage team,at 817-860 3232,, or at  



Posted by

The Legacy Group of CrossCountry Mortgage

Chad and Joy Bates NMLS #243437


Email Us 


1205 West Abram St. 

Arlington, TX 76013


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