[et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Page Header” _builder_version=”4.23.4″ background_image=”https:\/\/nysck.com\/georgiamortgage.com\/wp-content\/uploads\/2024\/01\/Untitled-design-2024-01-18T092616.580.png” parallax=”on” animation_direction=”top” locked=”off” global_colors_info=”{}”][et_pb_fullwidth_header title=”USDA Loans” text_orientation=”center” admin_label=”Hero Section” _builder_version=”4.22.2″ title_font=”Barlow|700|||||||” title_text_align=”center” title_font_size=”60px” title_line_height=”1.4em” content_font_size=”22px” content_line_height=”1.8em” subhead_font=”||||” background_color=”rgba(255, 255, 255, 0)” use_background_color_gradient=”on” background_color_gradient_stops=”#272262 0%|rgba(39,34,98,0.3) 100%” background_color_gradient_overlays_image=”on” background_color_gradient_start=”rgba(58,52,226,0.93)” background_color_gradient_end=”rgba(73,108,220,0.7)” custom_button_one=”on” button_one_text_size=”16px” button_one_bg_color=”#6eba01″ button_one_border_width=”2px” button_one_border_color=”#6eba01″ button_one_border_radius=”0″ button_one_letter_spacing=”2″ button_one_font=”Montserrat|||on|” button_one_use_icon=”off” custom_button_two=”on” button_two_text_size=”16px” button_two_border_width=”2px” button_two_border_color=”#ffffff” button_two_border_radius=”0″ button_two_letter_spacing=”2″ button_two_font=”Montserrat|||on|” button_two_use_icon=”off” module_alignment=”left” animation_style=”fade” title_font_size_tablet=”” title_font_size_phone=”40px” title_font_size_last_edited=”on|phone” button_one_text_color_hover=”#6eba01″ button_two_text_color_hover=”#6eba01″ button_one_border_color_hover=”#ffffff” button_two_border_color_hover=”#ffffff” button_one_border_radius_hover=”0″ button_two_border_radius_hover=”0″ button_one_letter_spacing_hover=”2″ button_two_letter_spacing_hover=”2″ button_one_bg_color_hover=”#ffffff” button_two_bg_color_hover=”#ffffff” global_colors_info=”{}” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_one_text_color__hover_enabled=”on” button_one_text_color__hover=”#6eba01″ button_two_text_color__hover_enabled=”on” button_two_text_color__hover=”#6eba01″ button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_one_border_color__hover_enabled=”on” button_one_border_color__hover=”#ffffff” button_two_border_color__hover_enabled=”on” button_two_border_color__hover=”#ffffff” button_one_border_radius__hover_enabled=”on” button_one_border_radius__hover=”0″ button_two_border_radius__hover_enabled=”on” button_two_border_radius__hover=”0″ button_one_letter_spacing__hover_enabled=”on” button_one_letter_spacing__hover=”2″ button_two_letter_spacing__hover_enabled=”on” button_two_letter_spacing__hover=”2″ button_one_bg_color__hover_enabled=”on” button_one_bg_color__hover=”#ffffff” button_two_bg_color__hover_enabled=”on” button_two_bg_color__hover=”#ffffff”][\/et_pb_fullwidth_header][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.22.2″ _module_preset=”default” locked=”off” global_colors_info=”{}” custom_padding=”45px||19px|||”][et_pb_row column_structure=”3_5,2_5″ _builder_version=”4.22.2″ _module_preset=”default” locked=”off” global_colors_info=”{}”][et_pb_column type=”3_5″ _builder_version=”4.22.2″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.22.2″ _module_preset=”default” header_2_font=”Barlow|700|||||||” header_2_font_size=”36px” global_colors_info=”{}”]<\/p>\n
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The USDA rural program in Georgia offers several benefits for potential homebuyers. First, the minimum FICO score required is 550, which allows individuals with lower credit scores to qualify for a loan. The program allows for non-traditional credit, meaning that individuals without a traditional credit history can still be considered for a loan.<\/p>\n
One of the advantages of this program is that gift funds can be used for both the down payment and closing costs. This can be particularly helpful for first-time homebuyers who may not have enough savings to cover these expenses. There is no requirement for cash reserves, which means that borrowers do not need to have a certain amount of money saved up before applying for the loan.<\/p>\n
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Another significant benefit of the USDA Home Loans program in Georgia is that it does not require mortgage insurance (MI). Mortgage insurance is typically required for loans with a down payment of less than 20%, but this program eliminates that additional cost for borrowers.<\/p>\n
Sellers are allowed to contribute up to 6% of the purchase price towards the buyer’s closing costs. This can help reduce the upfront expenses for the buyer and make homeownership more affordable.<\/p>\n
Contact us<\/span>\u00a0<\/span>for more information about USDA loans.<\/p>\n [\/et_pb_text][et_pb_button button_text=”Fast Quote” _builder_version=”4.24.0″ _module_preset=”default” button_alignment=”center” hover_enabled=”0″ sticky_enabled=”0″ button_url=”https:\/\/nysck.com\/georgiamortgage.com\/quote\/” custom_margin=”6px|||||” custom_padding=”2px|||||”][\/et_pb_button][\/et_pb_column][et_pb_column type=”2_5″ _builder_version=”4.22.2″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/nysck.com\/georgiamortgage.com\/wp-content\/uploads\/2024\/01\/side-banner-V1.jpg” title_text=”Side Banner” _builder_version=”4.24.0″ _module_preset=”default” hover_enabled=”0″ border_radii=”on|30px|30px|30px|30px” global_colors_info=”{}” url=”https:\/\/nysck.com\/georgiamortgage.com\/contact-us\/” sticky_enabled=”0″][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" USDA LoansThe USDA rural program in Georgia offers several benefits for potential homebuyers. First, the minimum FICO score required is 550, which allows individuals with lower credit scores to qualify for a loan. The program allows for non-traditional credit, meaning that individuals without a traditional credit history can still be considered for a loan. One […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-1185","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/nysck.com\/georgiamortgage.com\/wp-json\/wp\/v2\/pages\/1185","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nysck.com\/georgiamortgage.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/nysck.com\/georgiamortgage.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/nysck.com\/georgiamortgage.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/nysck.com\/georgiamortgage.com\/wp-json\/wp\/v2\/comments?post=1185"}],"version-history":[{"count":9,"href":"https:\/\/nysck.com\/georgiamortgage.com\/wp-json\/wp\/v2\/pages\/1185\/revisions"}],"predecessor-version":[{"id":1950,"href":"https:\/\/nysck.com\/georgiamortgage.com\/wp-json\/wp\/v2\/pages\/1185\/revisions\/1950"}],"wp:attachment":[{"href":"https:\/\/nysck.com\/georgiamortgage.com\/wp-json\/wp\/v2\/media?parent=1185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}