USDA Home Loans
100% Financing for Rural Areas
What is the USDA Home Loan Program?
The USDA Guarantee loan is a 100% financing mortgage for moderate-to-low income home buyers in eligible rural and suburban areas. Loans are issued through the USDA Rural Development Guaranteed Housing Loan Program, which was created by the U.S. Department of Agriculture.
USDA Home Loan Benefits
-Zero down payment
-Low mortgage rates
-Finance more than 100% of the sales price
-Low PMI (mortgage insurance)
-30yr and 15yr fixed rate options available
There are several areas in New Mexico designated to receive this amazing loan, please contact us for more details!