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.
USDA loans, backed by the U.S. Department of Agriculture, are designed to help low- to moderate-income borrowers purchase homes in rural and suburban areas. These loans offer no down payment options and competitive interest rates, making homeownership more accessible for qualifying buyers.
At Simply Approved Mortgages, we specialize in USDA loan programs that simplify the path to homeownership in eligible areas.
Disclaimer: Advertised rates and fees depend on borrower qualifications and market fluctuations.
No Down Payment Required:
Competitive Interest Rates:
Flexible Credit Requirements:
Reduced Mortgage Insurance Costs:
Accessible for Rural and Suburban Buyers:
At Simply Approved Mortgages, we operate with a 1.5% fee, significantly below the industry standard. This ensures more savings for borrowers without compromising service quality.
Disclaimer: Simply Approved Mortgages complies with all state and federal licensing requirements that we are licensed in.
Upfront Guarantee Fee:
Annual Mortgage Insurance:
These fees are significantly lower than FHA loan mortgage insurance premiums, making USDA loans a more affordable option for qualifying buyers.
Gather Documentation:
Check Property Eligibility:
Verify Income Requirements:
Apply for Pre-Approval:
Close on Your Home:
At Simply Approved Mortgages, we offer a wide range of mortgage products tailored to meet your needs:
👉 Explore these options today and find the perfect mortgage solution for your needs!
With our industry-leading 1.5% fee, compared to the standard 2.75%, we save you thousands while offering competitive rates tailored to your needs. Learn More.
Our team of seasoned professionals is dedicated to simplifying the mortgage process, providing personalized solutions, and ensuring you feel confident every step of the way.
We prioritize honesty and clarity. From disclosing every detail upfront to ensuring no hidden surprises, we build trust through our commitment to your financial success.
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 |
USDA loans typically require a minimum credit score of 640, but exceptions may be made with strong compensating factors.
No! USDA loans are also available for homes in suburban areas that meet USDA eligibility criteria.
Income limits vary by location, household size, and program type. Check the USDA Income Limits for your area.
No, USDA loans are only available for primary residences.
For eligible buyers, USDA loans often provide better terms, including no down payment and lower mortgage insurance costs.
Take control of your home-Take the guesswork out of your home-buying journey. Use our Mortgage Calculator to estimate your monthly payments and make informed financial decisions.
Start Now:
Simply input your details and see how much equity you could access today. If you have questions or need assistance, our team is here to guide you every step of the way.
Get a free credit score check to understand where you are and how to move forward.
Small changes in your credit score can lead to significant savings on your mortgage.
Stay on top of your credit health with credit monitoring, so you can catch issues early and maintain a strong score.
Discover how your credit score affects your mortgage options and rates. Plus, get personalized offers through our partner services to help you find the best loan for your financial situation.
Powered by our credit monitoring partner at Myfreescorenow.
No credit card is needed to sign up.
Remember that a good credit score can lower your interest rate on your mortgage.
In today’s fluctuating economy, Canadian homeowners are increasingly looking at refinancing their mortgages
In today’s fluctuating economy, Canadian homeowners are increasingly looking at refinancing their mortgages
In today’s fluctuating economy, Canadian homeowners are increasingly looking at refinancing their mortgages
Reduce your monthly payment or loan term while unlocking the full potential of your home’s equity!
Unlocking the American Dream, One Home at a Time
NMLS# 2620881 | NMLS Consumer Access Record