Government-Backed Loans for Rural Property
5280Lend.com works with clients in Colorado and the Denver area on USDA mortgages. Our expert team has the knowledge and experience to guide you through the loan process.
As mortgage loan experts, we’ll thoroughly analyze your situation to determine whether you meet the qualifications for a USDA loan. We offer personalized service for homebuyers in Colorado.
Contact us to schedule a FREE mortgage assessment.
What Is A USDA Loan?
The United States Department of Agriculture (USDA) backs loans for properties in rural areas. The program aims to encourage growth and investment in small agricultural communities.
There are restrictions on the property and the buyer’s income, however, a USDA loan offers many benefits to borrowers. For example, you don’t have to have perfect credit or put down a substantial down payment to qualify.
More on USDA Loans
If you dream of leaving behind the hustle and bustle of city life for the calmness and serenity of rural living, a USDA loan may make your dream a reality. The USDA offers a great low-down payment financing option mostly geared toward first-time homebuyers.
A Loan Guarantee for USDA Loans
If you get a loan through a local lender for rural property and meet all the USDA loan criteria, you can receive a loan guarantee from the Department of Agriculture. As a result, you may only need to pay a minimal down payment or even no down payment while maintaining a low mortgage rate. Like FHA loans, USDA loans also require mortgage insurance payments to insure against the costs of default.
Advantages of USDA Loans
USDA loans empower many Americans to own and finance a home with favorable lending options. Contact us to learn more about the benefits of a USDA loan.
Why Work with a Mortgage Bank for A USDA Loan?
As a mortgage bank, 5280Lend.com offers peace of mind to our clients during the home-buying process. Our team has the experience and knowledge to connect you to a mortgage program successfully.
USDA loans can feel complex because of the many specific government requirements. Fortunately, our team specializes in all mortgage types and we understand what it takes to secure a USDA loan.
We limit the number of clients we work with each month to maintain our standards for personalized service. Also, we are a local Colorado lender, meaning we understand Colorado loan laws and qualifications.
Start today with a FREE mortgage assessment.
USDA Loan FAQs
Trusted Guidance for USDA Mortgages
5280Lend.com connects Colorado homebuyers to mortgage solutions. Our team will help you find the best home loan to fit your circumstances. USDA loans offer a home financing option for many low-income and first-time homebuyers.
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