Richard Airey

NMLS # 373914

207-321-5307

rairey@firstinmaine.com

Richard Airey

First-time Homebuyers

A USDA Loan is a mortgage loan that is insured by the US Department of Agriculture and available for qualified individuals who are purchasing or refinancing their home loan in an area that is not considered a major metropolitan area by USDA.

USDA Loans for First Time Home-buyers

Great for First-time Home Buyers

100% Financing (including Closing Costs)

No Down Payment Requirements

No Pre-payment Penalties

Low Rates

Existing Homes, Foreclosures, New Construction

Benefits of USDA Loans

 

Who is eligible for a USDA Loan?

Generally these loans are available to anyone who meets minimum credit guidelines and local area income requirements and is purchasing a home or refinancing their home in an area that is not considered a major metropolitan area by USDA.

Some common misconceptions of USDA Loans:

 

Check to see if you qualify for a USDA Loan:

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These materials are not from HUD or FHA and were not approved by HUD or a government agency.