In light of recent economic troubles, Consumer Real Estate Finance Co. realizes that phrases like “no money down,” and “low interest loans” can be frightening. This is why we are working diligently to bring awareness to the USDA Home Loan program. With the power and reliability of United States Department of Agriculture behind it, this loan program is helping to make home buying easy and affordable in Arkansas.

Backed by the USDA, Arkansas residents can experience the many benefits of a rural development loan, including:

• 100% Financing up to the appraised value
• NO private mortgage insurance for qualifying Arkansas homes
• Flexible Arkansas credit qualifications
• No Arkansas loan amount limitations

Arkansas Areas that Qualify for a USDA Loan

Keep in mind that the USDA loan program was created to help build the nation’s rural areas. Because of this, homes located within major cities are not USDA Loan Eligible.

The good news is that there are a surprisingly large number of Arkansas homes that do qualify, some of which lie just outside of major metropolitan areas. To be eligible, the Arkansas property must be outside of city limits and located in an area of less than 20,000 residents. For more information on Arkansas USDA Loan eligibility requirements, please fill out the application on this page, or call one of our certified USDA loan agents at 1-866-854-4242.

Arkansas’s USDA Loan Income Limits by County

While Consumer Real Estate Finance Co. is here to assist you with all your questions and guide you through the application process, you should be aware that there are a few eligibility restrictions. These include a credit evaluation as well as a maximum income limit.

Your annual income cannot exceed the limit set for your county:

 

Remember, Consumer Real Estate Finance Co. is here to answer all your questions. For help applying for an Arkansas USDA Loan, contact us today.