A Home Loan from the USDA?

Yep. it’s true. The U.S. Department of Agriculture has an incredible, but little-known, loan program that can help you purchase a home with little or no money down. If you are thinking of buying a home, this is a program you’ll want to check out. corn-field-300x266

A common misconception about USDA loans is that you must buy farmland or purchase property in remote communities. That’s not true. These loans are available to people who purchase single-family homes in regular neighborhoods. While the USDA requires that you buy in a “rural” area to qualify for this type of loan, the definition of rural is pretty loose and often includes portions of suburbs of major cities.


There are certain loan criteria unique to USDA, such as income limits. But it’s worth investigating because the down payment requirement and other loan terms are so favorable and can really help stretch your home-buying dollars.

So where should you start? Ask your mortgage lender about USDA loans. You also can learn more about USDA loans on the federal agency’s website.


About Justin Coleman - Utah Mortgage Professional

I am truly passionate about my profession, and the result is that nearly 100% of my business is by referral from satisfied clients, trusted financial advisors and the most experienced realtors along the Wasatch Front. My mission is to carefully guide clients through the entire home loan process, so that they feel confident as they make choices about the many options available for their financing strategy. With many years and a wide range of experience in the mortgage industry, my team and I stand ready to assist each and every step of the way. I understand that it’s not just a house, it’s your home. A home is one of the largest financial commitments that a person will make during their life, and many people view their home financing as meaning just another monthly payment. I can help my clients realize that their home is truly a valuable financial tool, and will help them achieve the dreams and plans they envision for their future. Our clients only think about home financing a few times during their lives ~ I think about it every single day. It’s their home and their future. It’s my profession and my passion. I am ready to work for their best interest.
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