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Take advantage of our elite USDA rates starting at 640 FICO
Special low rates for qualified borrowers – $125,000 minimum loan amount
100% financing – no down payment required
Potentially roll closing fees into the monthly payment
Smooth and easy process helps deliver a fast closing
Available on multi-wide manufactured homes
You can purchase with a USDA loan only in a qualified rural area, but many people are shocked to learn how the USDA defines “rural.” Generally, according to their guidelines, it includes any areas with a population of less than 35,000. In fact, an estimated 97 percent of the U.S. is eligible for USDA lending.
Licensed by the California Department of Real Estate, 01137630, 250609.The principal, interest and MI payment on a $151,515 30-year USDA Fixed-Rate Loan at 2.625% and 100% loan-to-value (LTV) is $658.91. The Annual Percentage Rate (APR) is 3.276% with estimated finance charges of $5,600. Payment includes a one-time guarantee fee at 1.00% of the base loan amount and a monthly mortgage insurance payment calculated at 0.35% of the base loan amount. The 0.35% monthly mortgage insurance is required for the life of the loan regardless of your down payment or equity in your home. The principal, mortgage insurance and interest payment does not include property taxes and home insurance premiums, which will result in a higher actual monthly payment. Rates current as of 9/29/2021. Subject to borrower approval.
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