Asset 1

For borrowers who
are love the countryside.

Deprecated: wp_make_content_images_responsive is deprecated since version 5.5.0! Use wp_filter_content_tags() instead. in /wordpress/wp-includes/functions.php on line 4777

Who is right for an USDA Loan?

USDA loans are specifically for homes bought in designated rural areas. With low down-payment options, low credit-requirements, and low interest-rates, USDA loans are great for the first-time or experienced buyer.  If you agree with any of the below, a FHA loan may be best for you!

Location

You are buying in a rural area.

First-Time

You're a first-time homeowner.

Down Payment

You're looking for 100% financing.

Good Credit

You have an okay credit score.

Occupancy

This will be your primary home.

Find the right
loan for you.

Here at Network Funding, we believe it’s not the right home if it’s not the right loan. We’re never going to let you get in to a mortgage that you can’t handle. Our loan officers are trained financial professionals who’s mission it is to guide you to the right product for your financial situation, and our compensation plans eliminate incentives that may cause other companies to lead you in to higher cost loans.

First time buyer?
Learn the basics.

Buying a home but feeling a bit overwhelmed? We know how it goes. At Network Funding, we want you to feel confident in your mortgage decisions – after all, this is one of the biggest purchases of your life! That’s why we’ve created a suite of educational resources for your benefit! 

Free
eBooks

Notice: Undefined index: className in /www/wp-content/themes/jumpstarter/template-parts/blocks/popup.php on line 15

Mortgage 101
Webinar

Notice: Undefined index: className in /www/wp-content/themes/jumpstarter/template-parts/blocks/popup.php on line 15

Our borrowers love us.
We think you will, too!

I got a great rate, and the customer service was just as great.

Matt | Texas Homeowner

I’m so glad we used Network Funding to buy our first home.

Ana & Nathanael | Texas

The loan process was so easy!

Nicole & Upton | Florida

down-arrow
*See Disclaimers, Assumptions, and FAQs for USDA Loans
Deprecated: wp_make_content_images_responsive is deprecated since version 5.5.0! Use wp_filter_content_tags() instead. in /wordpress/wp-includes/functions.php on line 4777

DISCLAIMER

The information on this page is not meant to be a quote. So if you want an ACTUAL interest rate quote or if you’re just curious what you may be eligible for, just ask us!

HOW DO I KNOW IF I AM ELIGIBLE FOR AN USDA LOAN?

Eligibility for an USDA mortgage varies. Applicants must:

  • Income – meet income-eligibility (check here)
  • Property – purchase a property that meets all program criteria (check here)
  • Occupy – agree to personally occupy the dwelling as their primary residence
  • Citizen – be a US Citizen, U.S. non-citizen national or qualified alien
  • Legal – have the legal capacity to incur the loan obligation
  • Standing – be in good standing, having not been suspended or debarred from participation in federal programs
  • Credit – demonstrate the willingness to meet credit obligations in a timely manner
  • Qualify – qualify for the terms of the financing

WHY ARE USDA LOANS GREAT FOR FIRST-TIME HOMEBUYERS?

USDA loans are great for first-time homebuyers because they allow for up to 100% financing and competitive interest rates. Making it as easy as possible for people to own a home.

ARE ALL USDA LOANS ELIGIBLE FOR 0% DOWN?

Eligibility for 100% financing (0% down) varies based on the borrower’s and property’s eligibility. See “How Do I Know If I’m Eligible For A USDA Loan” for more.

CAN I BUY A VACATION OR INVESTMENT HOME WITH A USDA LOAN?

Unfortunately, no. USDA loans are for primary residences only.