Qualifying with $0 Down using USDA Loans

Qualifying with $0 Down using USDA Loans

Qualifying with $0 Down using USDA Loans

The USDA Home Loan in Colorado is an under-utilized program designed to help buyers purchase homes in small towns, rural areas, and even the outskirts of front range cities with 100% financing assistance. The program offers low mortgage insurance and the ability to refinance similar to any other option.

There is a misconception that this loan is for properties that are on farms or ranches, but the opposite is true. USDA Home Loans can only be given for properties that are not revenue producing. Another things to keep in mind are that there is an income limit that is set by the county in which the home is in and the property cannot be a manufactured home.

Key benefits of the USDA program:
– No down payment option
– No cash reserves required
– Flexible credit and qualifying guidelines
– Low fixed interest rate
– Low mortgage insurance
Learn more here!

Want to find out the income level in your county? Click Here


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Fairway Independent Mortgage Corp.

(303) 670-0137
165 S. Union Blvd
Lakewood, CO 80228

Fairway Independent Mortgage Corp. NMLS# 2289
Texas Recovery Fund Notice
Richard Baxter NMLS #395819, CO License #100034412
FIMC #2289