What’s The Maximum Loan Size For a USDA Loan in Arizona? You’ll be happy to know that the Arizona USDA Loan does not have a maximum loan size, which may be another advantage USDA has over it’s FHA counterpart. The maximum loan size you can get will actually be determined by your qualifying repayment income. [...]
Using an Arizona USDA Guaranteed Rural Home Loan allow you to buy a home in ANY County of Arizona with Zero Down payment. That means, the money you save on your down payment by using a USDA Rural Home Loan instead of conventional or FHA Home Loan financing will stay in your bank account, for [...]
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 [...]