Imagine purchasing a home with no money down? It’s true.. thanks to the Bucks County USDA Home Loan.
As of June 4, 2018, most of Bucks County qualifies for the USDA Home Loan program.
These USDA Home Loans help make homeownership a reality for many Bucks County residents!
USDA Home Loans in Upper Bucks County
If you’re in the market for a Bucks County home in the country and want to have a few chickens, a goat, a llama and a horse then the USDA Home Loan for Bucks County could be just what you need!
Homes in the Palisades School District and the home in the Pennridge School District are in the Bucks County USDA Home Loan areas.
USDA Home Loans in Doylestown and New Hope
There are several options for Bucks County USDA Home Loans
But maybe your idea of home is a Doylestown townhome for sale or a condo for sale in New Hope PA.
Both New Hope-Solebury School District Homes and Central Bucks School District Homes are in the USDA Home Loan area.
USDA Home Loans in Perkasie and Quakertown
How about a single home for sale in Perkasie or a twin home for sale in Quakertown?
Homes for sale in the Quakertown School District and the Pennridge School District are in the USDA home loan area.
A Bucks County USDA Home Loan offers many options!
Bucks County USDA Rural Housing Loans
Many think of USDA Rural Development Guaranteed Loans for very low income, small Bucks County home sale prices, and only for Bucks County properties for sale way out in the country. Not today’s USDA! It’s true… most Bucks County properties for sale are eligible for USDA Home Loans.
Credit scores for USDA Mortgages may be as low as 620. (see below)
Who should consider a Bucks County USDA Home Loan?
Just imagine… if you want to buy a Bucks County home with no money down, you have a 620-850 credit score, you’d like the seller pay all buyer closing costs, and you’d like to have a fixed principal then the Bucks County USDA Home Loan Program could work for you.
Why Does a Bucks County USDA Home Loan Make Sense?
By NYC standards, Bucks County is a rural area. And by the USDA’s standards, living in the USDA Home Loan Program creates prosperity, thriving communities and improves the quality of life for people living outside of metropolitan areas like New York and Philadelphia.
What are some of the features of the USDA Home Loan Program in Bucks County?
- Bucks County USDA Home Loan benefits include:
- 30-Year Fixed Rate
- No Money Down
- Lowest mortgage insurance & funding fee of government loans
- Seller paid closing costs up to 6% of purchase price
- 620-850 Credit Score
- Check with your lender for income eligibility requirements
Bucks County USDA Rural Housing Loans for New Construction
There are USDA New Construction Home Loans to construct and build you primary residence in a rural area.
The Section 523 loan is for you if you’re building your own home in Upper Bucks County
The Section 524 loans is for you if you’re having contractors build your home.
USDA New Construction Home Loans were created for homeowners with low to moderate income to finance their new home project..
The currently have a two year repayment window, allowing homeowners the flexibility of getting a mortgage once the home-building project is complete.
Interest rates on USDA Rural Housing Home Loans are low.
Currently, Section 523 loans charge 3 percent. Section 524 loans charge the current market rate.
You may even qualify for a loan with no down payment, depending upon your situation!
We’re local and we’re here to help you with the USDA Home Loan Program in Bucks County!
Learn More About Bucks County USDA Home Loan Programs
Contact Us to learn more about homes in the Bucks County area that qualify for the USDA Home Loan Program Contact.
Contact Us for more info on land in Bucks County for your New Construction under the USDA Home Loan New Construction Programs.
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