USDA Loans

USDA Loans

USDA Loans:

The U.S. Department of Agriculture offers a variety of programs to help low to moderate-income individuals living in small towns or rural areas achieve homeownership. The Rural Housing Service (RHS) helps qualifying applicants, who cannot receive credit from other sources, purchase modestly priced homes as their primary residence.

USDA Loans are an attractive option because:

  • 100% Financing
  • Minimal closing cost
  • No down payment
  • Minimum credit score 640
  • Manual underwriting for credit scores under 640

USDA loans can be used toward the purchase and renovation of a previously owned home or a new construction. Families must be able to pay their monthly mortgage, homeowner’s insurance and property taxes.

 

Licensing

NMLS #291309 | NLMS #292257

Nevada  #5017 | NMLS #1872966

Oklahoma #MB012277 | #MB012307

Contact Us

Sarey Enterprises LLC, DBA Alliance Mortgage Group
2770 Main St. Ste 221
Frisco, TX 75033
(214) 872-2188