6483 VAN BUREN STREET
SUITE 201
DAPHNE, ALABAMA 36526
OFFICE: 251-644-6188
FAX: 251-650-1601
NMLS #1009774

USDA HOME MORTGAGE LOANS

Single Family Housing Guaranteed Loan Program

WHAT DOES THIS PROGRAM DO?


This home loan program, from othe United States Department of Agriculture (USDA): Rural Development, assists approved lenders in providing low- and moderate-income households the opportunity to own adequate, modest, decent, safe and sanitary housing as their primary residence in eligible rural areas.

Eligible applicants must buy a dwelling in an eligible rural area. The program provides a 90% loan note guarantee to approved lenders in order to reduce the risk of extending 100% no money down loans to eligible rural homebuyers.

WHAT IS AN ELIGIBLE AREA?



Check eligible addresses for the loan guarantees.

WHO MAY APPLY FOR THIS PROGRAM?



Applicants must:
•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

Contact Loan Officers
Sunset Mortgage Loan Officers are here to help you finance your new home with the best terms possible. If the USDA program isn't right for you, give us a call today or send us an email. We'll help you choose the best loan program for your individual circumstances. If you're ready to begin, you can apply online right now.
USDA Loan Applications

* FHA  PURCHASE
* FHA REFINANCE
& STREAMLINE REFINANCE AVAILABLE
* VA LOAN (for  U.S. Veterans)
* VA REFINANCE
* USDA RURAL HOME LOANS
* USDA REFINANCE
​* CONVENTIONAL LOAN PROGRAMS
* JUMBO MORTGAGE PRODUCTS
* REVERSE MORTGAGE
Double Wide Homes with Land
Newer than 1995
Up to 96.5% LTV

Serving the Mobile, Alabama Metro and Eastern Shore Areas of Baldwin County, from Spanish Fort and Loxley to Foley and Gulf Shores.
Ready? Time to Pre-Qualify? Refinancing? Apply Online Now!

© 2013-2017
All rights Reserved.
Member of the National Association of Mortgage Brokers
Licensed NMLS Member
Sunset Mortgage of Alabama L.L.C.
6483 Van Buren St.
Daphne AL 36526
Sunset Mortgage is an Equal Housing Lender
Site Development by
Rent-A-Geek
All loans are subject to credit and property approval. Programs terms and conditions are subject to change without notice. Not all products are available in all states or for all loan amounts.
Other restrictions and limitations may apply.