The United States Department of Agriculture (USDA) plays a huge role in food safety, nutrition, agriculture, and plant inspections, but they go beyond this by helping families in rural areas become homeowners with loans.
USDA Loans are designed to aid in building stronger rural communities for an improved quality of life.
USDA insures loans outside of larger towns and cities in Oregon so that homebuyers can purchase loans with lower than market rates. There are income restrictions so that the loan is available for working class buyers and families and there are certain parts of Oregon where the loans can be used.
For more information contact us and read more about eligibility at: USA.gov
Eugene Mortgage Brokers will help you with all processes and procedures to see if you quality for a USDA Loan.
For example, we’ll do a preliminary check to see if the home you’re interested in buying is eligible for this type of loan. If so, we’ll move forward with the next steps for qualifying for your USDA Loan.