Utah
If you are resident of counties such as Beaver, Carbon, Grand, Iron, Sevier, Tooele, Summit, Rich, Wayne and many more within Utah, then we have an excellent news for you. Now, with the help of USDA Mortgages in Utah, you can easily materialize your dream of owning your own home; at your own convenience.
Thousands of families and households dream of owning their own home. But due to harsh economic conditions and rising housing costs, it is becoming harder than ever to own a home. Considering these factors, US Government and USDA or United States Department of Agriculture has teamed up to introduce an amazing rural housing development plan which will benefit thousands of homeless families. And, now, even you can apply for this attractive mortgage program.
Some advantages of USDA Mortgages in Utah:
- 100% finance of housing loan
- Zero down payment required for loan approval
- Fixed interest rate for the whole loan tenure
- Loan repayment can be stretched up to 30 years
- No collateral or security required
- Backed by US Government and fully legalized and authorized
- Instant Approval of loan
USDA Mortgages in Utah – Non Eligible Counties
Considering the development index and progress rate of the local areas, US government has declared few counties as non-eligible for this special housing loan program. Some of the counties which are non-eligible in Utah for this special loan are:
- Cache
- Davis
- Salt Lake
- Utah
- Washington
- Weber
If you happen to stay in any one of these counties, then don’t get discouraged. USDA has considered some areas within these counties as eligible for the mortgage scheme. To get complete information about all eligible as well non-eligible counties in Utah, please refer to the official website of USDA at http://eligibility.sc.egov.usda.gov/eligibility/textDiscriptionAction.do;jsessionid=64771B85D78352FB6D040A7238EA368C?pageAction=oipCounty&stateCode=49
Income Limits – USDA Mortgages in Utah
USDA wants to filter out those families, which are self sufficient to purchase their own home. Additionally, those who don’t have willingness or capability to repay the loan are also not considered. Hence, USDA has introduced income limits which are considered for granting approval of this special mortgage program. Please refer to the official website of USDA to get complete information about the income limits based on the counties and number of members in the household; by clicking this link: http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=pageLoad&requestInfo=GuaranteedIncomeLimits&NavKey=incomelimit@12
We understand that owning your own home is a big decision which is not easy to take. But when you have excellent option like USDA Mortgages in Utah, then the decision process becomes easy. 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 .
