Rural or Suburban Living: Which is Right for You?

Are you thinking of purchasing a home?  With so much to consider these days, making the choice of purchasing a home in an urban, a suburban or a rural area may seem overwhelming.  Our lives today are fast paced and we are constantly on the move.  Due to this high pace, it can be easy to get overwhelmed.   At the end of the day when we get a little quieter, though, often we contemplate on the type of life we would like to have and reflect on our true value system.  We focus on our family and loved ones, our friends, our health, and the importance of having a peaceful sanctuary with room to breathe and relax.

Rural and suburban homes have become a respite from cramped city living for many families in recent years.   Urban areas have been hit hard with an all-time high in crime, a deteriorating infrastructure, financially strapped school systems, and jobs sprawling further outward from traditional city centers.   For countless families, suburban living has been a logical solution, providing safe communities with many choices for practical, affordable homes.  With short commutes, an overwhelming sense of community and healthy support for community services and school programs, life in the suburbs can be relaxing and ideal for raising a family.

A safe, clean, and affordable lifestyle is also available in areas beyond the suburbs.  Rural living offer low levels of traffic and transient noise, low levels of pollution, and the charm of privately owned stores and shops.  If you crave wide open space, and relish traveling the country mile, rural living may be for you.  Land costs are often much lower in rural areas too.   Home buyers are able to enjoy room for gardening or harvesting and simply enjoying the beauty of nature.  Home prices and property taxes are lower in rural areas which in turn offer a wider variety of homes from which buyers can choose.

Both suburban and rural areas can qualify for USDA 100% Loans, also known as Rural Development Loans.  This is advantageous in that the owner does not have to provide a down payment.  Call the USDA Loan Agency at 1-866-854-4242 to learn more about USDA 100% Loans, as well as specific benefits and savings that you may able to receive by purchasing your next home.

The Top Three Reasons Why College Graduates Should Get Rural Development Loans

Rural Development loans are excellent contracts for new college graduates. Most of them can benefit from very low monthly payments. If you have a new, reasonable credit history, you are likely to qualify for such a plan. A small home in a quiet town is often the perfect place for a single adult.

People who have just earned their degrees often have jobs that do not pay high salaries. When you want  a domicile but have only a little extra cash each month, a government contract might be an excellent option for you. Rural Development loans often feature regular, low payments.

One of the biggest qualifications you must meet when you are applying for a federal contract is a good credit history. Most recent graduates are able to obtain the required score of approximately 600. If you cannot, there are simple actions you can take to raise it.

When you are getting ready to start a life of your own, your biggest need is to get your own place. Rural Development loans are designed for people in that exact situation. Folks who need quiet, modest homes in which to live and start families often find that government contracts are perfect for them.

Government contracts are perfect for recent college graduates. Many of those folks enjoy the low monthly payments that come with those agreements. People who have reasonable credit histories are likely to be accepted for federal funds. Those contracts were designed for people who need modest domiciles in rural cities.