100% financing for qualified buyers.

USDA loans, or also called a Rural Development Loan, are government-insured home loans that allows borrowers to purchase new homes with no money down. USDA can offer up to 100% financing for qualified buyers

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USDA Loan Requirements

Monthly Mortgage Insurance

(PMI), USDA mortgage loans also require it

Credit Score

Monthly Mortgage Insurance

Minimum Fico credit score is 620

Maximum Debt to income

The maximum Debt to income is 41%

USDA loan limit of

Maximum Debt to income

Texas has a USDA loan limit of $348,50 for 2024.

USDA Loan Benefits

Rural Properties

The Rural Housing Loan Program, also known as Section 520, is a type of government loan that is available to rural homeowners

Lower Interest Rates

USDA loans are so great because they typically have lower rates.

No Restrictions on Seller Concessions

Seller concessions can help cover all your closing cost.

100% Financing

USDA loans require no downpayment and there are no prepayment penalties

Check today's mortgage rates.

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DOVACOR CONSULTING INC

972-836-5727

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