USDA requires 0% down payment and the possibility of financing your closing costs. Great for borrowers looking to become a homeowner in qualifying rural areas.
620 with manual UW
640 standard guides
No down payment required
Upfront funding fee financed
Annual fee required
Up to 6% seller contribution
This communication is for informational purposes only, this is not a commitment to lend. All loans are subject to buyer and property qualification. All programs, rates and fees are subject to change or cancellation at any time and without notice. Contact Preferred Rate's Brentwood Team to learn more about mortgage products and your eligibility.
If you are a Hero in the state of California - you are eligible to use our loan program and pay zero in lender fees! You will need to meet the job title requirements. Some of these titles include: police officers, firefighters, paramedics, doctors, and teachers.
Pre-qualification can take as little as 15 minutes.
CLICK HERE TO GET PRE-APPROVED!