A USDA loan is a home loan insured by the United States Department of Agriculture. USDA Loans offer affordable 30 year terms with 100% financing.
To qualify for a USDA Loan the property must be in an eligible area. In Connecticut over half the state is eligible for USDA loans. There are income guidelines however to qualify a couple can make up to almost $100,000/yr.
Here some other highlights of the program.
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NO down payment – Finance 100% of your home
NO maximum loan amount in Connecticut.
NO assets needed to qualify
Flexible credit guidelines
Interest rates continue to be at historic lows. Call me today to see if you can qualify for a USDA loan.
If you are interested in finding out more about USDA mortgages do not hesitate to reach out to me.
Find out what's happening in Montvillefor free with the latest updates from Patch.
Craig Thibeau
Senior Loan Officer
North East Financial Middletown, CT
Ph 860-334-1354
NMLS 398576 Company NMLS 117273
craig@northeast-mortgage.com
www.northeast-mortgage.com
