USDA Rural Home Loans for Arizona

USDA Loans May Go Uninterrupted That’s right USDA Rural Home Loans get a reprieve.  Just this morning HR 5017 passed the House Financial Services Committee which is the first step to gaining perpetual uninterrupted funding for USDA Rural Home Loans. Next, the USDA Rural Home Loan supporting bill HR 5017 moves to a vote in [...]

USDA Rural Development monthly mortgage payments Did you know that for the same loan size and a similar rate that the USDA Rural Development Home Loan will ALWAYS have a lower payment than FHA?  Sometimes the USDA Rural Development payment will be substantially lower. Let’s talk rates and payments… When most people shop for a [...]

USDA Rural Home Loans offer many advantages over either FHA Mortgage Loans or Conventional Home Loans.  Here is a brief summary of advantages of the USDA Rural Home Loan. No Down Payment – Truly a 100% home loan No Expensive Mortgage Insurance – Keeps your monthly payment low No Cash Reserve Requirement No Minimum Credit [...]

Our USDA Rural Home Loan will save you a truck load of cash and help you keep your money in your own bank account after closing… Here’s a quick comparison of the USDA Rural Home Loan and an FHA Mortgage Loan. How Much Can Be Financed? 102% of the APPRAISED value! (finance up to $153,000 in [...]

I am often asked “Paul, how much can I borrow with a USDA Rural Home Loan here in Arizona?” The answer for home buyers is “It Depends”. For a USDA Rural Home Loan it depends on your repayment ability and the appraised value of the home you are buying.  We’ll look at the ratio of your [...]