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Why Rent in Pasco WA when you can Buy with a USDA loan?

David Mordue -  Wells Fargo - Kennewick (509) 736-2618: Loan Officer in Kennewick, WA

Free government money is not something to be looked upon lightly!

No down payment USDA loans not only save you the upfront costs of house ownership, but you also gain the tax benefits of a mortgage and begin to build wealth through equity.

The government, through the USDA, has dedicated itself to building up rural areas, and offering substantial benefits to the people who help them accomplish this. Normally the mortgage vs rent argument is a closer one, but with benefits like these, the decision becomes much more cut and dry.

A USDA loan also comes without the need for purchasing expensive mortgage insurance, which allows more money to be directed toward the house payment every month. They also come with no maximum limit. So if your credit is good, you may get a bigger house than you could with a traditional or FHA loan.

But what if your credit is bad? Should you still rent?

Even those with bad credit should seriously consider the benefits of a loan with the United States Department of Agriculture. There are special provisions made for borrowers with bad credit, and although borrowers' credit reports are still required, there is much more leeway to provide for those with less than perfect credit.

The interest rates in these special loans are also quite competitive, at any credit rating. Also, because the government is investing in the industrialization of rural areas, certain home repairs can be included in the the loan. If you help the government by purchasing a home that needs refurbishing, they will provide you with the funds to do that.

Interested home buyers in the Tri-Cities Washington area should contact me directly or call their nearest Rural Development Office and obtain a official list of approved lenders. Next, scout for properties that meet the standards of a rural property, usually in an area of less than 10,000 people and located in more rural areas. There are many properties which fit these criteria in the West Pasco area.

To learn more about eligibility for the USDA program, please call or email me for the most up to date program guidelines.

West Pasco WA Home For Sale

Cassie Lane 509.438.9344 www.LaneRealEstateTeam.com: Virtual Assistant in Pasco, WA

West Pasco Featured Home For Sale
We have recently listed the wonderful home at 7420 Road 72 Pasco Washington 99301. Just under 2,500 square feet, this country home is set on 2 acres and surrounded by open space, livestock, horses, and more. All this and close to the freeway for easy freeway access, but far enough away to enjoy the rural feel of the property. Among the many features are a barn/work shop, wine cellar, beautiful new hardwood flooring, and new dual-paned vinyl windows. For more details and photos, please visit our listing page at, 7420 North Road 72 Pasco Washington. Asking price is $275,000.

About West Pasco Washington
West Pasco Washington is a 7420 Road 72 Pascothriving city in Franklin County with lots to offer. Over the past decade the area of West Pasco has been growing and quite a few new developments have been added. For many part of the draw of West Pasco is due in part to the area’s recreational opportunities, strong local economy, and a low cost of living.

West Pasco Recreation
West Pasco WA offers many recreational opportunities for its residents from water activities on the Columbia River to land activities throughout the Tri Cities and beyond. Whether you enjoy fishing, swimming, running, water sports, snow sports, organized sports or the like, there is something for everyone. Just a couple hours west and east of West Pasco are several mountain ranges that offer many hiking and camping facilities along with snow sports at ski resorts such as Bluewood and White Pass.

West Pasco Economy
The economy of West Pasco WA and the surrounding areas are doing well and big name businesses are noticing. Many companies have begun building some of their main and branch facilities in West Pasco as a result of its economy, companies such as: Lamb Weston, Tyson Meats, and ConAgra Foods.

West Pasco Cost of Living
West Pasco, as part of the Tri Cities Washington (which includes Kennewick and Richland) have been recognized as having the lowest cost of living in the state of Washington. The Tri Cities earned a composite rating of 90.5 while some of the other cities in the region earned scores like 123 in Spokane, 96.4 in Yakima.

For more information on this home call or email The Lane Real Estate Team today, 509.438.9344!

West Pasco Washington Homes For Sale and Real Estate

Colleen Lane Kennewick Realtor® 509.438.9344 www.LaneRealEstateTeam.com: Real Estate Sales Person in Kennewick, WA

At The Lane Real Estate Team we are skilled at buying and selling homes in the West Pasco Washington area. We are seasoned Tri Cities Washington real estate agents , residents of West Pasco, and would love the privilege of helping you buy and/or sell your West Pasco home. The West Pasco area is centrally located and is a highly ranked place to live in Washington and is the best place to live in Franklin County. West Pasco also has many good schools for the children, and colleges close by for the adults. For more information about West Pasco Washington, read our article, West Pasco Washington Homes For Sale.