USDA Loans in Union County NC

USDA loans are a great way to buy a home these days if you don't have money for a down payment.These loans come directly from or are backed by USDA. They have better terms that FHA or conventional loans.

The rates are lower and there is $ 0 down financing. A lot of people don't have the 20% downpayment that is required for a conventional loan.
USDA loans are the only zero money down loans that are available to those who haven't served in the military.

Who qualifies for these loans? These loans used to be called "farmers loans". Just about anyone who is looking to purchase outside of a major metropolitan area can benefit from a USDA loan. You have to qualify using a couple of factors:

• County and zip code

• Your current income and credit history

• Number of dependents that you can claim

There are a lot of areas in Union County, NC that qualify for this type of loan. A couple of the subdivisions that I have found are
St. Johns Forest, Cureton, Quellin, Deer Creek, Hermitage Place and Goldmine Acres.

For more information to identify eligibility or to speak with a qualified loan officer, please contact me.