USDA Home Loans – Are you Eligible?

Share This USDA Loans available now. LeaderOne Financial in Lee’s Summit, MO can help you learn the requirements for USDA loans and determine your eligibility. USDA loans are loans issued by the government, and often issued to those in rural areas, small communities and some areas just outside major metropolitin areas. USDA home loans, also known as rural development loans, are loans issued by the US goverment. To help families who may not quality for convential loans or have the same lending options as those in larger cities, the US government issues these loans through approved private lenders. With a USDA home loan, the family can borrow up to 100% of the home’s appraisal, meaning no down payment is needed. The loan is set for a 30-year fixed rate home loan, and requires no mortgage insurance. A USDA home loan is a great option for families in smaller communities trying to find a way to buy a house. For more information on home loans, give Darren a call at (816) 875-6538. Connect with us:

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