The processing of a USDA loan requires potential borrowers to provide proof of income. Every county has its own set of restrictions with respect to eligibility norms. Our officials at Elite Mortgage can help you determine your specific guidelines. The prime aim of mobilizing these loans is to help the smaller communities residing in rural belts flourish by making property and land much more affordable.
To qualify for a USDA loan, you must reside in an area that is designated as rural and fulfills USDA requirements. Contact us so we can check the eligibility of your county. Contrary to popular belief there are quite a few areas that actually qualify for zero-down-payment home loans.
Provided you have a proficient team of advisers like the ones at Elite Mortgage, you will find the qualification process very straightforward.