When it comes to securing the best possible mortgage rates, we have numerous options. Whether you are purchasing a new home or looking to refinance your existing property, a fixed-rate mortgage can be beneficial if you plan to stay in your home for an extended period of time.GET A QUICK QUOTE
A USDA loan (also called a Rural Development Loan) is a government insured home loan that allows you to purchase a home with NO Money Down. USDA loans offer 100% financing to qualified buyers, and allow for all closing costs to be either paid for by the seller or financed into the loan. USDA offers some the lowest rates of any loan, and you will always have a fixed interest rate.
These loans are designed to help families without adequate housing finance the purchase of a home in a rural area. Applicants may have incomes up to 115% of the area’s median income and must be able to afford mortgage payments, including insurance and applicable taxes. Credit score is also considered in the application process.
Personalized Help. Your Lenox/WesLend mortgage advisor will explain all the steps–from getting started, to locking in your low rate, to closing your loan. Because we are a direct lender, if you have any questions during the loan process, you will have one direct number enabling you to get quick answers straight from the source.
We’ll close your loans fast! On average, our loans close in a little over 30 days.
Learn More About the USDA Loan Application Process Contact us and we will be happy to walk you through the USDA loan application process and answer any questions that may arise.