We believe that homeownership should be accessible and exciting, no matter where you choose to live. Our USDA loans are designed to help you purchase your dream home in rural areas with zero down payment, making the process simple and affordable.
What is a USDA Loan?
A USDA loan is a government-backed mortgage option that offers income-based financing for homebuyers in designated rural areas. These loans are guaranteed by the U.S. Department of Agriculture, providing unique benefits that make buying a home in rural zones more attainable.
- Zero Down Payment: Move into your new home without the need for a hefty down payment.
- Flexible Credit Requirements: Enjoy easier qualification compared to other loan types.
- Affordable Guarantee Fee: Benefit from lower costs compared to traditional mortgage insurance.
Why Choose a USDA Loan?
USDA loans are perfect for those looking to settle in rural areas, offering several advantages:
- No Down Payment: Start your homeownership journey without the financial burden of a down payment.
- Competitive Interest Rates: Secure affordable rates that make monthly payments manageable.
- No Loan Limits: Borrow according to your qualifications without a universal cap.
Qualifying for a USDA Loan
To qualify for a USDA loan, you need to meet certain criteria:
- Income Limits: Your income should be within 115% of the median household income for your area.
- Rural Location: The home must be in a USDA-designated rural area, which may include locations that don’t fit the typical rural stereotype.
- Primary Residence: The property must be your primary home.
Your Path to Rural Homeownership
Buying a home in a rural area is an exciting opportunity, and with Pacific Mortgage Group, the process is as smooth as it is thrilling. Our team is here to guide you every step of the way, ensuring you understand your options and feel confident in your decisions.
Licensed States
We proudly serve homebuyers in California, Florida, Nevada, Washington, Oregon, and Colorado. Wherever you are, our expert team is ready to help you find the perfect loan for your dream home.
At Pacific Mortgage Group, we believe that buying a home should be a joyful experience. Let us help you navigate the mortgage process with ease and excitement. Contact us today to get started on your journey to homeownership!
