Scroll down for more information about how we can assist you and your community. Or visit our New York contact page.

USDA loans are intended to assist buyers in the purchase of rural homes in New York. They don't require money down and typically offer very attractive interest rates. USDA loans provide 100% financing to those who meet the income eligibility requirements. If the requirements are met it is possible to roll the closing cost into your mortgage.

Once you have submitted your completed application along with all of the required documentation, it's important to stay in contact with your lender throughout the entire process. They will be able to answer any questions or concerns you may have about your loan and provide updates on its progress. Keeping track of each step in the process is key to ensuring that everything moves along quickly and efficiently.

Do you wonder if a USDA mortgage is right for me? There are many factors that make homebuyers a great candidate for USDA mortgages.

Avoiding Common Mistakes When Filling Out Your Usda Loan Application

USDA loans also offer flexible credit requirements and closing costs that are lower than other loan types. Those who qualify may also be eligible for a streamline refinance program, which could help reduce their monthly payments or lower their interest rate. Additionally, the USDA allows borrowers to roll closing costs into the loan amount as well as defer payments until after the construction or renovation of the new home is complete.