USDA Loans

The Leave Me Alone Loan^® program

This is another really sweet Government backed program.  Another department within the government has also been given the authority to provide financing at 100% of the purchase price – and it is one of the least utilized funding programs in the country!

Although The LoansA2z team has been using this program for years, when they hear about it, most borrowers are under the false assumption that they don’t qualify because it is often referred to as a rural home loan. I know, you're thinking "Farm", but you'd be WRONG! In fact, it’s open to anyone looking to buy a primary residence.  It is similar to VA in that it requires NO down payment from the borrower AND the seller can contribute funds to pay for the buyer's closing costs.  That's right.  Get in for $0 out of pocket.  How cool is that?

Okay, what’s the catch?

Well, we call it the Leave Me Alone Loan^®, because the property cannot be located in an area where the immediate population exceeds 50,000 people. So as long as you don’t want to be in downtown Detroit, Los Angeles or Phoenix, you’re fine. In fact, there are many more areas that actually qualify for the program than you might think!

The home does have to be inspected, and in pretty good shape – but that only makes sense since we’re financing it at 100% of the purchase price! Although for me... I could STILL find a way to spend some money at Lowe’s or Home Depot to cover the small stuff.   :-)

Eligibility varies based on area, your income, credit history, and number of dependents claimed so it's important that you call and speak with one of our experts to see if you qualify.