USDA Rural Loans

A USDA loan is a great tool for a first time homebuyer. It requires no down payment and no monthly mortgage insurance.A USDA loan is available in a 30 year fixed interest rate that is competitive with similar FHA, VA and conventional loans. Don't let the name "rural" make you think that these loans are only available in the country. Property eligibility is determined by the USDA map and some properties in small towns are eligible for USDA financing.

If you are looking to purchase a home in North or South Carolina using a USDA loan it is important to work with someone who has the experience closing these types of loans. Feel free to e-mail or phone if I can help you.

Thanks,

Ken Baltes