Good Morning!
Did you know there is zero down payment for USDA loans?
As you may or may not know, the USDA loan program has geographic restrictions.
It’s designed for outer suburbs and rural areas.
Using the Dallas / Fort Worth area as an example – If you wanted a home in Dallas you can’t use a USDA loan (Because it’s part of a big city).
However, there are still many desirable suburbs that are eligible for this 100% financing program.
Such as…
Prosper
Melissa
Anna
Celina
Forney
Red Oak
Ovilla
…and, of course there are many more. And, you can do this with every major city in the country.
The point is many people are unaware you can still get homes in the suburbs of desirable cities for no down payment.
If you want to know if the area you are interested in is eligible for USDA, just reach out and ask us!
That’s it for today.
Thanks for reading!