USDA Mortgages

The Washington State USDA Home Loan is an excellent option for homebuyers in the Kirkland, WA, area. Officially known as the Section 502 Single Family Housing Guaranteed Loan Program, the USDA loan is a $0 down mortgage option available to rural and suburban home buyers in the United States. USDA mortgages are issued by qualified lenders and guaranteed by the U.S. Department of Agriculture (USDA). In order to qualify for USDA financing, the property must be located in a USDA-eligible region. Once you find a home that meets that criteria, it must meet the functional standards of USDA. USDA-guaranteed home loans can fund only owner-occupied primary residences. USDA guarantees a mortgage issued by a participating local lender, allowing you to get low mortgage interest rates without a down payment. To see if you qualify for the USDA loan program, contact Taras Duhnevich, Home Loan Mortgage Advisor, today. Our mortgage broker will help you out!