Puede calificar para un préstamo del USDA

Is it time to upgrade your living situation? Are you eager for more space? Because of the pandemic, many Americans want different things in a home than they used to. While urban centers have been popular in recent years, more and more people are turning their sights to the suburbs and the country. If you?re one of them, then did you know that there?s a government-backed loan dedicated to helping home buyers in small communities? USDA loans can be a great way to finally buy the small-town home of your dreams. Here?s what you need to know about qualifying.

They?re for small communities

While USDA loans are often used to buy homes in very rural communities, you don?t have to ?buy the farm? to qualify. In fact, USDA loans can be used to purchase a home located outside of a metropolitan area in a city of 35,000 people or less. There are so many communities in America that fit this description, and your dream home could be located in one of them. Check the Sitio web del USDA to find out whether or not the home you?re interested in is in an eligible location.

They?re for low- and moderate-income buyers

You don?t have to have a low income to qualify for a USDA loan. Those with a moderate income are eligible, too. The USDA provides direct housing loans for low-income borrowers and guaranteed loans for moderate-income borrowers. Income thresholds are $90,300 for a family up to four and $119,200 for a family between five and eight.

Tienen excelentes tasas de interés.

Another aspect of the USDA loan is that they offer great interest rates. While mortgage interest rates have hit record lows, you can score an even better deal with a USDA loan. In fact, their interest rates have gone as low as 2.5 percent for low-income borrowers. If your budget has made it difficult to afford a home in the past, then it?s time to check out a USDA loan.

They?re available for second-time buyers, too

You don?t have to be a first-time homebuyer to qualify for a USDA loan. They can be used to purchase your second, third, or even tenth house. The only requirement is that you only own one property at a time. If you?re going to be selling your home, then you may qualify for a USDA loan for your próxima compra de vivienda.

It?s easier than ever to qualify

El USDA ha hecho que sea más fácil que nunca calificar para uno de sus préstamos. Debido a la pandemia, la aplicación se ha simplificado y es más relajada. Incluso puede calificar para que se extienda su certificado de elegibilidad para que pueda continuar la búsqueda de su casa todo el tiempo que sea necesario. Siempre que tenga una puntuación de crédito de 640 o superior, debe calificar si también cumple con los demás requisitos. Para obtener más información sobre los requisitos de elegibilidad y para ver si califica, visite el Sitio web del USDA.

Póngase en contacto con Agent inc. hoy

¿Estás listo para comprar una casa en una ciudad tranquila? Entonces contacta al expertos en Agent inc. al 949-791-8160 o [email protected] today. Let?s open up your world to new possibilities – together!