If you are looking to buy a home in the beautiful and expansive state of Wyoming, a USDA Rural Development loan may just be the solution you have been searching for. All over the state – from the Rocky Mountain West to the High Plains – these government backed, fixed interest rate, no money down loans are making the dream of home ownership a reality.
Of course as with any loan program, you are sure to have a number of questions. And here, at Consumer Real Estate Finance Co., our experts are here to serve as your guide – Letting you know about the many benefits of the Wyoming Rural development loan program, including:
Fixed Interest Rates
No Maximum Loan Amount
Flexible Credit Guidelines for Wyoming Residents
No PMI and No Money Down
Wyoming Areas that Qualify for Rural Development Loans
Now do not let the term rural development loan mislead you. Although these loans are sponsored by the United States Department of Agriculture (USDA), they are not intended solely for farmers. Instead, areas located all over the great state of Wyoming qualify.
Qualifying area property guidelines include:
Being located outside a major metropolitan area
Having a population of less than 20,000 residents
Never assume that the new home you are interested in does not qualify. When in doubt, visit our USDA Loan Eligibility page for updated information. Or call one of our certified USDA Loans Agent at 1-866-854-4242.
Wyoming’s USDA Loan Income Limits By County
There are also certain income limitations for USDA Eligibility. In short, to qualify for a USDA Loan your total annual income cannot exceed the maximum amount set for your state’s county. These USDA Loan income limits for Wyoming communities include: