September 2019

Found 1 blog entry for September 2019.

Sometimes qualifying for a traditional loan can be cumbersome with restrictions on credit and income. USDA loans are ideal for first-time Colorado homebuyers or anyone who has saved less than 20% for a down payment. USDA loans come with fixed interest rates and no money down.

Those with less than perfect credit scores will be relieved to know that the USDA has flexible credit guidelines. No assets are needed to qualify so you won’t have to worry about putting property up as collateral.

Colorado-USDA-mortgage-loans

The USDA offers loans to people making low to moderate incomes, living in areas with smaller populations. These loans are backed by the U.S. government, so lenders are more open to lower credit scores and lower incomes. The lender knows that their money is safe

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