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Everything You Need to Know About Oregon USDA Home Loans

Everything You Need to Know About Oregon USDA Home Loans

As one of the few 100% financing options left available on the mortgage market today, USDA loans are an attractive option for the few potential homebuyers who are aware of this government sponsored mortgage program.

Once you have heard about the benefits of this unique loan program, you too will be asking yourself, what’s not to like about it. But before we go into all the great perks of getting an Oregon USDA mortgage, lets talk about who actually qualifies.

Qualifying for an Oregon USDA Home Loan

The United States Department of Agriculture created this loan to support rural development as well as provide financing options to low and very-low income earners in Oregon and across the United States.

Depending on the type of USDA loan you’re interested in obtaining financing under, you can have up to 115% of the median income in your county and still qualify for this low interest rate loan. Continue reading

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