USDA loans are offered by the U.S. Department of Agriculture mortgage program and may be one of the government’s least-known mortgage assistance programs. A USDA home loan is a zero downpayment mortgage for eligible rural and suburban home buyers. Issued through the USDA loan program, these loans are also known as the USDA Rural Development Guaranteed Housing Loan Program, by the United States Department of Agriculture. This loan program is part of the government’s Rural Development program and aims to help families buy and upgrade their homes in order to improve the economy and quality of life in rural America.
USDA loans offer low interest rates and no downpayments, and is fairly easily to access for most rural and suburban properties.
Contact me today to see if you qualify for a USDA loan. Your Burbank mortgage lender.