4 Benefits of a USDA Loan with Edge Home Finance

1. NO DOWN PAYMENT for USDA loans!
   • Compare 3-5% down for conventional loans
   • Compare 3.5% down for FHA loans
   • 0% down for USDA loans!
2. Save on your monthly mortgage payment with USDA.
   • USDA’s rates are lower than Conventional rates, and a lot lower depending on your credit score.
3. Save (significantly) on monthly mortgage insurance.
   • USDA mortgage insurance is only .0035% of the loan amount, not .0055% as on an FHA loan, giving you a lower monthly mortgage payment.
4. USDA loans are VERY forgiving of low credit scores.
   • Qualify with a credit score as low as 640.
   • Borrowers with 640 credit scores get nearly the same killer rates from USDA as if their credit scores were 800.
   • Interest rates on Standard Conventional loans get much worse as your credit falls—but not USDA loans!

Plus, if you qualify, you can refinance a USDA home loan. Don’t wait! Complete the form for your USDA eligibility and rate.

How Can I Qualify for a USDA Loan?

USDA (United States Department of Agriculture) loans have many benefits—but not everyone is eligible.

• Must have a Credit score of 640+.
• Total Household income of everyone 18+ living under the roof and working cannot exceed $112,450.
• As long as the home is in a rural area, then it is USDA-eligible. Alan has a map he can share to enter any property to check eligibility.
• Even if it turns out that you’re not eligible for a USDA loan, Alan wants to help you know what other options are available for buying or refinancing your home.

After Alan has shared your home loan options and rates, make the choice that you feel is best for your situation.

Your fast and simple loan process:

1. Fill out the form above to contact Alan Brumbeloe, your loan officer.
2. Alan can quickly share your loan options, rates, and answer questions.
3. Compare your home loan options.
4. Take the next step with the option that looks the best to you:
   • Lock in your rate.
   • Get a Good Faith Estimate.
   • Get a pre-qualification letter.