USDA Home LoansGuaranteed by the USDA, this mortgage option was originally created to help rural Americans purchase a home of their own. USDA home loans provide significant benefits to homebuyers who qualify.
What does that mean to me?Guaranteed by the USDA, no down payment is required for a USDA mortgage up to the appraised value of the home when the county maximum loan limit is not exceeded.
*Compass Home Loans, LLC is a private corporation organized under the laws of the State of Delaware. It has no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture or any other government agency.
No down payment for qualifying homebuyers in designated areas
Flexible qualifying guidelines that allow low to moderate income borrowers
Allows seller contribution for closing costs
Great interest rate options because these are backed by the government