100% Rural Home Loans in Connecticut with the USDA

USDA mortgages are the one of the very few no money down home purchase program available to borrowers who have not served in the military.

USDA mortgages allow for lower credit scores than compared to conventional Fannie and Freddie loans. In some cases you can get approved with scores at or above 620.

USDA mortgages allow for higher debt ratios than most other loan programs. Debt ratios can be as high as 45% which allows the borrowers more buying power.

USDA mortgages are eligible for 100% financing. The mortgage amount can be determined off the higher of the appraised amount or the purchase price. This allows you to potentially finance most if not all of the closing cost. To qualify for a USDA Loan the property must be zoned accordingly – call us and we can tell you if property address meets the USDA requirements.

With any questions do not hesitate to reach out to me at the numbers below.

craig picCraig Thibeau
Senior Loan Officer
North East Financial 
Ph 860-334-1354
NMLS 398576 Company NMLS 117273
craig@northeast-mortgage.com
www.northeast-mortgage.com