At Simply Approved Mortgages, we specialize in helping you navigate the world of USDA loans to achieve your homeownership dreams. With our expert guidance, you can enjoy a straightforward process and find the best financing options available.
No need for a hefty down payment.
Lower interest rates compared to conventional loans.
Easier approval even with less-than-perfect credit.
ust meet specific criteria: Income Limits: Your household income must not exceed 115% of the median income for your area.
The property must be located in an eligible rural area.
While credit requirements are flexible, a higher credit score can improve your chances.
Fill out our simple online form to check your eligibility.
Provide necessary documents for a thorough review.
We handle the paperwork and work with the USDA to get your loan approved.
Once approved, we'll guide you through the closing process and help you secure your new home.
Feature | USDA Loans | Conventional Loans |
|---|---|---|
Down Payment | 0% | Typically 5-20% |
Interest Rates | Lower rates | Higher rates |
Income Limits | Yes | No |
Geographic Limits | Rural areas only | No geographic restrictions |
A USDA loan is a government-backed mortgage designed to help low- to moderate-income buyers purchase homes in eligible rural and suburban areas.
Eligibility is based on income, property location, and credit history. Check our eligibility requirements for detailed information.
Yes, USDA loans offer refinancing options through the USDA Streamline Refinance Program. Contact us to explore your options.
The approval process typically takes 30-45 days, depending on the complexity of your application and documentation
Simply Approved Mortgages is committed to providing top-notch mortgage solutions and exceptional customer service. Learn more about our services and team.
Company State License# AZMB - 0944059 | NMLS# 1660690