USDA Loans

What are USDA Loans?

A USDA Loan is a mortgage loan that is insured by the US Department of Agriculture and available to qualified individuals who are purchasing or refinancing their home loan in an area that is not considered a major metropolitan area by USDA.

USDA Advantages:

Who is eligible for a USDA Loan?

Generally, these loans are available to anyone who meets minimum credit guidelines and local area income requirements and is purchasing a home or refinancing their home in an area that is not considered a major metropolitan area by USDA. Click hear to find the income and property eligibility for your area.

Some common misconceptions of USDA Loans:

Commonwealth Mortgage is not acting on behalf of, or at the direction of HUD/FHA, VA, USDA, WHEDA, or the Federal Government.

Check to see if you qualify for a USDA Loan:

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