Home Loans California & Arizona

Who Does the USDA Home Loan Program in San Bernardino County California

September 1st, 2018 8:21 AM by Nathan Rufty

USDA Home Loans in San Bernardino County


Ever wonder if there are still 0 down for home loans in San Bernardino County, California, Yes there is, and it’s simply called USDA loans, which stands for United States Department of Agriculture. USDA home loans offer 100% financing, low rates, and affordable payments. These loans are becoming more popular by the day, as buyers discover an easier way to buy a home with zero down payment.

The United States Department of Agriculture (USDA) sets lending guidelines for the program, which is why it is also called the USDA Rural Development (RD) Loan. This mortgage type reduces costs for home buyers in rural and suburban areas. It is one of the most cost effective home buying programs in the marketplace today. Since it was established in 1949, the USDA Rural Development loan has helped over 1 million home buyers obtain housing with little or no money down. 

Getting a USDA mortgage or qualifying for one has never been easier. There are a few things that you must know before trying to qualify for a USDA loan. They are the following.

How qualifies for USDA Loan in San Bernardino County?

  • Meet income-eligibility
  • Agree to personally occupy the dwelling as their primary residence
  • Be a U.S. Citizen, U.S. non-citizen national or Qualified Alien
  • Have the legal capacity to incur the loan obligation
  • Have not been suspended or debarred from participation in federal programs
  • Demonstrate the willingness to meet credit obligations in a timely manner
  • Purchase a property that meets all program criteria
  • What is an eligible area?
  • Check eligible addresses for the loan guarantees.
usda loans in San Bernardino county

What can USDA loan funds be used for in San Bernardino

  • New or existing residential property to be used as a permanent residence.  Closing cost and reasonable/customary expenses associated with the purchase may be included in the transaction
  • A site with a new or existing dwelling
  • Repairs and rehabilitation when associated with the purchase of an existing dwelling
  • Refinancing of eligible loans
  • Special design features or permanently installed equipment to accommodate a household member who has a physical disability
  • Reasonable and customary connection fees, assessments or the pro rata installment cost for utilities such as water, sewer, electricity and gas for which the buyer is liable
  • A pro rata share of real estate taxes that is due and payable on the property at the time of loan closing.  Funds can be allowed for the establishment of escrow accounts for real estate taxes and/or hazard and flood insurance premiums
  • Essential household equipment such as wall-to-wall carpeting, ovens, ranges, refrigerators, washers, dryers, heating and cooling equipment as long as the equipment is conveyed with the dwelling
  • Purchasing and installing measures to promote energy efficiency (e.g. insulation, double-paned glass and solar panels)
  • Installing fixed broadband service to the household as long as the equipment is conveyed with the dwelling
  • Site preparation costs, including grading, foundation plantings, seeding or sod installation, trees, walks, fences and driveways

Who does the usda home loan program in San Bernardino County California

To apply for this program, please contact a Nathan Rufty at 909-503-5600 which years of experience in the mortgage industry and specially in USDA loans, Nathan will educate you on all aspects of how to obtain a USDA Loan in San Bernardino County and will answer all of your questions.

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