Many people are reconsidering their living situation in the wake of COVID-19. If you’ve been considering moving to a more rural neighborhood, then you may be eligible for a USDA loan!
What is a USDA Loan?
USDA loans are zero down payment mortgages for certain rural and suburban homebuyers.
Who is Eligible?
Eligibility requirements for USDA loans vary, so it is important to research your local regulations. Generally, buyers must have a dependable income, acceptable credit history, and a mortgage payment that is 29% or less of their monthly income.
If you’re interested in learning more about USDA loans, do not hesitate to reach out! I’m here to help.