Welcome all residents of Vermont!
If you are planning of owning your own home, but considering the rising housing costs and turbulent economic times, are hesitant to take the final step then we have some excellent news for you.
With USDA Mortgages in Vermont, you can easily get approved for a housing loan at zero down payment.
USDA or United States Department of Agriculture has come up with this attractive rural housing development program to assist those families which are not able to afford their home currently. Join thousands of other families which have taken advantage of this mortgage plan and secured their own home.
USDA Mortgages in Vermont – Benefits
- Loan can be used to buy a new home or repair/renovate existing homes
- Mortgage can also be used to relocate to a new location
- 100% financing available
- Fixed interest rate for the whole loan tenure
- Loan repayment period can be extended till 30 years
- Absolutely no down payment required
- Backed by US Government and Fully legalized
- Instant Approval
Non-Eligible Counties – USDA Mortgages in Vermont
Based on the development index and growth rate of the local areas, USDA has disapproved Chittenden County from participating in this mortgage program. If you are a resident of this county, then we will strongly suggest you to visit the official website of USDA to get complete information as there are some areas within this county which have been granted approval. Please click here to visit the official website of USDA: http://eligibility.sc.egov.usda.gov/eligibility/textDiscriptionAction.do;jsessionid=64771B85D78352FB6D040A7238EA368C?pageAction=oipCounty&stateCode=50
Income Limits – USDA Mortgages in Vermont
USDA has introduced income limit which is considered while granting approval for this special housing loan program. Depending on the number of members in the household and the average earning potential of the local areas, this income limit has been determined whose primary objective is to filter out those households which can self finance their home. For example, for a 5 member household in Addison, the income limit should fall between $38650 and $105550 in order to get successfully approved in the guaranteed housing loan program.
Kindly visit the official website of USDA to get full information related to income limits based on the number of members in the household and the specific county; by clicking here: http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=pageLoad&requestInfo=GuaranteedIncomeLimits&NavKey=incomelimit@12.
Don’t hesitate. Take action now! USDA Mortgages in Vermont is an excellent opportunity to secure your own home at easy terms and conditions. And the best part is that, you can start right away by filling this short form in the right hand side of this page and/or by calling us at 877-342-7449 .