The USDA, or the United States Department of Agriculture, offers a loan program for rural borrowers once they meet certain income requirements. Our process is simple, and it includes these basic availabilities and requirements:
- 100% financing available
- Income limits
- Orange Co. $94,600 – Sullivan County $75,900 – Ulster County $87,275
- Cannot have owned any other property
- 6% Seller Concession allowed
- Credit score as low as 620
- Modular homes, 1-4 family, condos, PUD’s accepted
- Not limited to First Time Home Buyers
- Low monthly and upfront mortgage insurance
- USDA approval required
- Available in rural areas