HomePad Lending NMLS #1857677 | 480-536-7770
USDA Mortgage Loans
This is one of the most popular mortgage products in the U.S. USDA Loans offer $0 money down, lenient eligibility requirements and competitive interest rates.
USDA Mortgages are the only mainstream zero money down program available to borrowers that have not served in the military. Eligible borrowers would be hard pressed to find a loan program with better terms.
-620+ Credit Score Required
-Must Meet Income Requirements
-Property Must Be Located In An Approved Area
Frequently Asked Questions
Do only first-time homebuyers qualify for the USDA home loan?
No, there are no restrictions on previous homeownership.
Can I qualify for a USDA loan after a bankruptcy?
- Yes, the USDA loan program requires the bankruptcy to be discharged for at least 3 years. The type of bankruptcy filed can impact the qualifying process as well.
What is the maximum amount I can borrow?
- The USDA Loan Program does not have set loan limits.
Can closing costs be financed into a USDA loan?
- Yes! The USDA home loan allows the ability to finance closing costs up to the appraised value.
Check Your Eligibility For a USDA Mortgage
See What Our Clients Are Saying…
Ryan was so helpful and answered all my questions quickly. Rimi was great and kept in touch every step of the way! Keep up the good work guys!
The Product/Program information contained here is educational only and not a commitment to Lend all Loans have to be reviewed By a licensed underwriter, Rates and available loan programs are subject to change without notice.
This is not a commitment to lend. All loans subject to credit approval. Guidelines subject to change without prior notice. This information is provided to assist business professionals only and is not an advertisement extended to the consumer as defined by Section 226.2 Regulation Z.-EOE. Equal Housing Lender.
HomePad Lending | NMLS 1857677 | AZ #1001528 | CA 60DBO-119169 | Florida MBR3950 | Idaho MBL-2081857677 | Maryland 1857677 | Oregon 1857677
3233 E Chandler Blvd, Ste 9, Phoenix, AZ 85048. Main: 480-536-7770
Contact your loan officer for more information.