Everly USDA Financing

Special USDA Financing at Everly in Hockley*

Are you tired of renting and dreaming of owning your own home? You may be able to qualify for a USDA loan on a brand new home and buy with no money down!

How does a USDA loan work? A USDA home loan is a zero down-payment mortgage available to qualified home buyers in designated areas that meet certain income requirements. These mortgage loans are guaranteed by the USDA Rural Development Guaranteed Housing Loan Program, a part of the U.S. Department of Agriculture. This program is available through private mortgage lenders and is intended to unlock home ownership for buyers who qualify. In addition to having no down payment requirements, USDA home loans often have lower rates than conventional mortgages. Even better, USDA loans don’t require borrowers to pay for traditional private mortgage insurance, or PMI!

There are several types of USDA loan programs, so be sure to ask your First Equity Mortgage, Incorporated loan officer for all the details. If you qualify for a USDA loan, you may be to take that first step into home ownership at Everly.

*Advertised USDA loan program is open to qualified borrowers who meet all USDA home financing requirements and purchase a home in the Everly community. Visit USDA.gov or ask your First Equity Mortgage loan officer to see if this mortgage loan is right for you. First Equity Mortgage Inc. is an Equal Housing Lender licensed by the Texas Department of Savings and Mortgage, License #SML; NMLS #21157 (www.nmlsconsumeraccess.org) and is not affiliated with or acting on behalf of or at the direction of the USDA or the Federal Government. Consumers wishing to file a complaint against a mortgage banker or a licensed mortgage banker residential mortgage loan originator should complete and send a complaint form to the Texas Department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at (877) 276-5550.