At Maple Tree Funding, we’re honored to help people in the Empire State apply for New York USDA loans. If you’re considering buying a home in New York, it’s worth checking to see if the area you are purchasing in qualifies, as USDA (United States Department of Agriculture) loans offer significant advantages to those who meet the eligibility requirements. USDA provides these types of loans as part of its mission to improve the quality of life in rural areas. As a mortgage broker who works with several third party providers, Maple Tree Funding processes USDA eligible loans. Note – Maple Tree Funding is not affiliated with any government agencies, including the USDA.
USDA loans are designed to help buyers purchase homes in designated rural areas of New York. They require no money down and usually offer very competitive interest rates. Whether you’re purchasing a new home or refinancing and/or renovating an existing home, USDA loans deliver 100% financing to people who meet the income eligibility requirements. It’s also possible, if the requirements are met, to roll the closing costs into the mortgage.
A variety of USDA loans exist to help prospective New York home owners, including:
To give you a better idea of both the advantages and the eligibility requirements of USDA loans, we’ve compiled some notes from the USDA Single Family Housing Guaranteed Loan Program Underwriting and Loan Closing Documentation Matrix. Note that there is some variation across loan types. We will provide you with all of the specifics as we work with you to find the USDA loan that best fits your needs and situation.
Call Maple Tree Funding at 518-782-1202 (or toll free at 866-782-1202) to find out if a New York USDA mortgage or home loan will be right for you! We’ll give you all the information you need, determine your eligibility and answer all of your questions.
Or, simply fill out the form below and one of our Licensed Mortgage Loan Originators will contact you.