A USDA Mortgage can offer Zero down payment. Zero out of pocket closing costs.
Innovative Mortgage is proud to offer the powerful USDA mortgage to help you purchase now. Almost nothing out of pocket in a rural designated area.
Use the USDA easy web tool to see which areas qualifie.
- Loans up to 102% of appraised value. You can wrap closing costs in when the appraisal exceed contract amount. (loan not limited to contract)
- No mortgage insurance.
- No reserves required.
- No cash contribution required from borrower.
- Unrestricted gifts, no need to document source.
- No max loan amount.
- Score down to 581