Home Loans Arizona - California - Nevada - Utah

As an approved California USDA Loan lender, Nathan Rufty. is here to guide you through the application process. Designed to help stimulate growth in California’s smaller, but attractive, communities and regions, these government insured loans can bring your dream of homeownership within reach. While USDA Loans are limited to smaller rural areas, you will probably be surprised by the number of communities within the great state of California that do qualify. Even properties that lie right outside of a major metropolitan area may be eligible.

USDA Home Loans Benefits in Crestline CA

• NO down payment – Finance 100% of your home
• NO maximum loan amount in Crestline, California.
• NO assets needed to qualify
• Flexible credit guidelines
• Competitive, fixed interest rates so payments do not increase
• USDA Loans are for new and existing properties

Who in Crestline, California can apply to this program?

A number of factors are considered when determining an applicant’s eligibility for Single Family Direct Home Loans. At a minimum, applicants interested in obtaining a direct loan must have an adjusted income that is at or below the applicable low-income limit for the area where they wish to buy a house and they must demonstrate a willingness and ability to repay debt.

Applicants must:

• Be without decent, safe and sanitary housing
• Be unable to obtain a loan from other resources on terms and conditions that can reasonably be expected to meet
• Agree to occupy the property as your primary residence
• Have the legal capacity to incur a loan obligation
• Meet citizenship or eligible noncitizen requirements
• Not be suspended or debarred from participation in federal programs

Properties financed with direct loan funds must:

• Generally be 2,000 square feet or less
• Not have market value in excess of the applicable area loan limit
• Not have in-ground swimming pools
• Not be designed for income producing activities
• Borrowers are required to repay all or a portion of the payment subsidy received over the life of the loan when the title to the property transfers or the borrower is no longer living in the dwelling.

Ready to apply for a USDA Home Loan in Crestline, California, please call Nathan Rufty at 909-503-5600.