25096 Jefferson Avenue, Suite A-10, Murrieta, CA 92562
DRE #01263595/NMLS #304673
DRE #01263595/NMLS #304673
Bringing you the most mortgage options, at the lowest discount pricing available.

USDA Home Loan

The USDA Rural Development Guaranteed Home Loan is a NO down payment home loan that offers flexible qualifying guidelines. It is designed to promote homeownership for moderate-income earners who have limited savings for down payment. There are maximum income limitations that are required to qualify.

The USDA home loan is limited to properties that are deemed eligible for a USDA home loan. The home that you are buying must be in a USDA eligible area. Millions of people are eligible to get a USDA home loan, but they may not be fully aware of the numerous benefits that are available to them.

Here are the primary benefits of USDA home loans:

  • No down payment is required on properties that are eligible for a USDA home loan.
  • The borrower may not own adequate housing at the time of application.
  • Household qualifying income may not exceed 115% of the area’s median income level as determined by Rural Development.
  • Can be used to finance 1 unit owner-occupied properties, and condominiums.
  • Available for purchasing a home, or to refinance an existing mortgage.
  • For refinancing, borrowers can only lower their interest rate. They cannot get cash out using a USDA home loan.

The USDA loan offers favorable loan terms and easier qualifying. The USDA loan has provided millions of buyers the perfect mortgage option to buy their home.

I will personally be by your side every step of the way throughout the entire loan process.

Larry Locke and Pro-Funders, Inc. have a long history of successful closings of USDA home loans.

LarryLocke.com, Larry Locke, and Pro-Funders, Inc. are not affiliated with or representing FHA, VA, USDA, Fannie Mae, Freddie Mac, CalHFA, or any other government agency.