USDA Loans

102% Financing Offered by New American Funding

Texas USDA MortgageWhat are USDA Loans?

USDA loans can be defined as a home loan guaranteed by the United States Department of Agriculture which is then issued and serviced by a lender. USDA mortgages are very popular among qualified borrowers due to distinctively promising conditions designed by the USDA.

Are USDA loans offered by New American Funding?

Yes! New American Funding presents qualified home buyers with a chance to expand their opportunities with the USDA Guarantee Rural Housing Program. A property qualifies for the program if it is located in a rural area defined by the USDA Rural Development and if it does not produce income.

What are the benefits connected with USDA Loans?

  • 102% USDA financing is available
  • A 30-year fixed rate is guaranteed to qualified borrowers
  • No limit is set on seller contributions or gift funds – you may accept gifts from family, friends, or non-profit organizations
  • You are not required to be a first time home-buyer
  • Self-employed incomes accepted
  • No maximum loan amount set
  • A 30-year fixed rate is guaranteed to qualified borrowers

Contact a New American Funding Loan Officer for further information if you have any questions concerning your loan process. To reach New.