“I want to live in a rural area outside city limits.”
What’s considered “rural” may surprise you, but then again, the MegaStar USDA home loan’s zero down payment might surprise you, too. Made for low-to-moderate income buyers, it provides a more affordable home loan with nothing out of pocket for down payment and little-to-no closing costs.
With a USDA home loan, the seller of a home can pay the entire amount of closing costs or the buyer can roll the costs into the home loan up to the appraised value of the home. Plus, USDA home loans have more flexible guidelines than a conventional home loan and you’ll get a low, across-the-board interest rate that isn’t based on your credit score.
Talk to our team to learn more about the USDA home loan, to determine if the property you hope to buy is in a designated rural area, or if your buying scenario fits the income guidelines.