f you are shopping for competitive mortgage rates and zero down on a home loan in Stockton or anywhere in California, the income-based USDA mortgage program makes homeownership affordable.
The USDA mortgage program allows qualified homebuyers to enjoy the benefits of having their home loans insured by the US Department of Agriculture (USDA).
Sometimes, the USDA home loan program is also called the “Rural Development Guaranteed Housing Loan” program. Officially, this name is defunct, but it is still in common use.
Pay fixed affordable mortgage rates on your home loan. You do not need perfect credit to qualify for these rates.
Your closing costs for a USDA mortgage will not exceed an affordable maximum cap.
Even though you may need to purchase private mortgage insurance (PMI), you may qualify for a discount on your payments.
You can purchase a home with zero down using a USDA mortgage, enabling you to move in right away.
You must meet the following eligibility requirements in order to obtain a USDA mortgage in California.
As this is an income-based lending product, your household income must not exceed the maximum cap for the size of your family.
USDA loans are intended only for use in rural locations as defined by the US Department of Agriculture. So long as the population of the area is no greater than 35,000 inhabitants, it may qualify as rural according to the USDA.
Only US citizens, non-citizen nationals and qualifying aliens are eligible for USDA financing.
Apply for a USDA Home Loan in Stockton Now
If you would like check your eligibility for a USDA mortgage based on your income level and the location where you are shopping for home, we can help you determine whether you may qualify during your consultation. Please call (209) 477-0262 or email email@example.com to get started applying for a zero down USDA mortgage in California.
Top Rated Mortgage Broker In Stockton
H.O.M.E. Lending is located on 1919 Grand Canal Blvd A6, Stockton. From Stockton Metropolitan Airport (SCK) head north on Wisdom Ct toward Ruggles Rd and turn right onto S Airport Way. Then turn left onto Sperry Rd and continue onto Arch Airport Rd. Next, continue onto French Camp Rd and use the right lane to take the ramp onto I-5 N. After that merge onto I-5 N and use the right lane to take exit 476 for March Ln toward Quail Lakes Dr. Finally, use the right 2 lanes to turn right onto W March Ln and turn right onto McGaw St. Turn right onto Grand Canal Blvd and H.O.M.E. Lending will be on your right.
We are open Monday - Friday 8am - 6pm.
For additional questions you can call us at (209) 477-0262 or you can find us on Yelp.
H.O.M.E. Lending is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.