With rolling landscapes and a green vibrant countryside, Connecticut certainly has a lot to be proud of. Even better, with the introduction of its Rural Development Program, the United States Department of Agriculture is helping to strengthen many of this state’s already strong rural communities.
Offering what are referred to as USDA Home Loans, many home buyers in Connecticut may qualify for a loan that offers:
- No Connecticut loan amount limitations
- $0 down, 100% financing is available
- No Connecticut monthly mortgage insurance
- Lower income families and those with blemished credit may qualify
Connecticut Areas that Qualify for a USDA Loan
At Consumer Real Estate Finance Co. we recognize that the term “Rural Development Loan” can be somewhat misleading. This is why we want to emphasize that USDA Loans are not just for Connecticut farmers. Instead, a great number of areas located all throughout this majestic state are USDA Loan eligible. A good rule of thumb is to focus on communities that are located outside of major metropolitan area limits and have less than 20,000 residents.
You should never assume that your area does not qualify for a USDA Loan. With help from the experts at Consumer Real Estate Finance Co., you can have your USDA eligibility questions answered. For more information, please fill out the application on this page, or call one of our certified USDA loan agents at 1-866-854-4242.