September 1, 2014
Buy a house with no money down using the USDA program
Are you thinking about buying your next home, but don’t have any money down? Did you know that you can buy a house with no money down using the USDA program? It’s true! Keep reading below for more details!
Before going any further, lets discuss a little bit about who qualifies.
Not eligible for USDA program? You can still buy a house with as little as 3% down. Talk to your lender or call me for more details!
Now that you’re eligible for a USDA Loan, you’ll need to know how to qualify.
You must be in an eligible area.
Fortunately, the entirety of Lewis County is eligible, so that is not difficult to figure out by your address! However, if you live outside Lewis County, you can check your area’s eligibility here:
You’re eligible and qualified, now you must get approved! As discussed before, you must have at least a 620 credit score.
Not sure what your credit score is? I use a FREE site called CreditKarma.com
You will need the following:
Make copies of everything! Make sure to ask your lender before the meeting what paperwork they will need so you won’t have to make multiple trips!
|AVAILABLE HOMESA USDA home must be “Safe, Sound, and Sanitary”. Here are the qualities in a home to look for:
These are the basics you will need to know when thinking about buying a home or property.
You CAN buy a house with no money down using the USDA program!
|Still not sure where to start?Contact me today and I’ll put you in touch with a USDA Specialist in your area!|