NMLS 2275047

USDA Loan

The USDA Home Loan, or rural development loan, is a low-interest government-sponsored mortgage available for designated rural and suburban areas.

It is a 0% down payment mortgage designed to help low- to moderate-income households purchase, build, rehabilitate, or improve a home. To qualify for a USDA loan, you must purchase a home in a USDA-approved area and meet certain income requirements.

Loan Program Details

  • 100% Financing – No Downpayment Required!
  • 6 percent seller concessions permitted for closing costs
  • Finance closing costs, if market value is sufficient
  • Gifts permitted for closing costs
  • Not limited to first time home buyers
  • Homes must be located in an eligible area as defined by the USDA
  • Borrowers must meet income limits
  • Borrower must not own any other properties (call us for exceptions)
  • Low annual annualized monthly guarantee fee keeps monthly payments lower than loans with traditional mortgage insurance

We’ve made applying for a USDA Loan easy. To start your loan application and get preapproved click here, to find a local loan officer click here.


Corporate Office

2424 N Federal Hwy, Suite 100
Boca Raton, FL 33431
(561) 395-6900
(888) 216-6476

NMLS 2275047

CHOICE MORTGAGE GROUP

Official Mortgage Lender of Florida Atlantic Athletics

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2424 N Federal Hwy, Suite 100 Boca Raton, FL  33431 | Phone: (561) 395-6900 Toll-Free: (888) 216-6476
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