• Tel: (208) 580-4947
    Email: nick@sundialcapitalllc.com

  • A USDA home loan offers a low fixed rate and a zero money down option, making it one of the most affordable and secure loan products available. With the fixed mortgage rate, the borrower is protected from sudden and significant increases in their monthly mortgage payment should interest rates increase. With 100% financing, the borrower can obtain financing even if they don’t have ample cash reserves for a down payment.

    USDA Fully Amortizing Fixed Loan Basics

    • Serve low- to moderate-income applicants
    • Purchase and refinance options
    • No down payment requirements. 100% financing
    • Interest rate is negotiated between lender and borrower
    • 30 year fixed rate term
    • Gift/grant funds and Mortgage Credit Certificates (MCC) allowed
    • 620 minimum qualifying credit score
    • Fixed monthly payments
    • One-unit homes
    • Single family home, condominium unit, PUDs, or single wide and multi wide manufactured housing
    • Home must be located in USDA-approved area
    • Primary residence only

At Sundial Capital, we understand time is money. That is why we use our efficient process to close the average loan in 14 days. Check to see if you qualify now!