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Benefits of USDA Home Loans for First-Time Home Buyers

Are you a first time home buyer? USDA Home Loans are beneficial for first time home buyers. Even if you have financial constraints, USDA Home Loans will suit your financial situation. USDA Home loans are designed for low-to-middle-income homebuyers looking to buy a home in a rural area. This loan will ease your worries of finding a home within your budget. It provides you with an affordable solution for those who qualify. USDA Home Loans can require no money down from the purchaser and often provides 100% financing. There are a lot of benefits to USDA Home Loans for first-time home buyers. Read here more about how USDA Home Loans benefits first-time homebuyers : https://www.drewmortgage.com/benefits-of-usda-loans-to-first-time-home-buyers/

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Benefits of USDA Home Loans for First-Time Home Buyers

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  1. The Benefits of USDA Home Loans for First-Time Home Buyers

  2. Introduction ● If your income isn’t exactly sufficient enough to invest in a loan in order to buy a house, don’t worry, there are various options available that can be very flexible for your financial needs. ● The United States Department of Agriculture (USDA) Loan is a loan program which is available for those in rural areas who may be struggling financially to purchase a home. ● USDA Home Loans will ease your worries about finding a home within your budget and provide you with an affordable solution for those who qualify. ● The USDA Home Loan program aims to help low to moderate income families find the perfect home to fit their needs in eligible rural areas. 2

  3. How First-Time Home Buyers Can Benefit From a USDA Loan Program. 1. Down Payments ● For qualifying individuals, there is the possibility of having 100 percent financing available. 2. Low Mortgage Insurance ● You can take advantage of the benefits of reduced associated costs such as a lower mortgage insurance. 3

  4. 3. Credit Score ● Flexible guidelines will help to reduce the burden of needing a specific high credit score to be approved. 4. Affordable Interest Rates ● With the right qualifications, you can end up with low-interest rates. 5. Flexible Credit Underwriting ● With a USDA Loan, you can take advantage of the benefits of having a flexible credit underwriting. 4

  5. Drew Mortgage Associates Inc. is one of the top mortgage lenders in MA that can provide you with USDA Home Loans at a lower interest rate. ● ● We're more than just a mortgage lender, we're comprehensive mortgage planners. ● Our home loan officers will guide you through the application process and throughout the loan process. ● We're the most preferred mortgage lender in MA. What are you waiting for? Call Drew Mortgage Associates, Inc. today! Read more about how first time home buyers can benefit from USDA Home Loans : https://www.drewmortgage.com/benefits-of-usda-loans-to-first-time-home-buyers/ ● 5

  6. DREW MORTGAGE BRANCH OFFICES: Drew Mortgage Associates 196 Boston Turnpike Road Shrewsbury, MA 01545 Phone: 508-753-1656 Website: https://www.drewmortgage.com/ Peabody Mortgage Lenders 1 Mt Pleasant Drive Peabody, MA 01960 Phone: (978) 750-1080 Boston Mortgage Lenders 232 Commercial St Boston, MA 02109 Phone: (617) 523-3060 6

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