USDA RURAL HOUSING ZERO MONEY DOWN
A USDA Rural Development Loan is one of the few loan products available that qualifies for “zero” money down. This loan is done through our relationship with our lender and the United States Department of Agriculture Rural Development.
AN EXCELLENT OPTION FOR VERMONTERS
USDA loans are a fantastic loan for those borrowers who meet the income eligibility requirements of the Vermont county in which they reside. Many Vermonters qualify for this program.
This program allows for no money down/zero money down purchase of single family detached and attached dwellings, including townhouses and condos. Special approval is required on attached dwellings, so please call us first before looking.
USDA loans are a little hard to obtain as the credit score required is higher than that of an FHA loan, the property has to be in an eligible area, and you have to meet the income requirements for your county. (Yes, this means you could make TOO much money for this loan type.)