The USDA home loan is a great option for moderate to low income families looking to purchase a home with no down payment. Here are the benefits:

No down payment: One of the most significant benefits of USDA home loans is that they do not require a down payment. Borrowers can finance up to 100% of the home’s appraised value. This makes homeownership more accessible for individuals and families who may not have substantial savings for a down payment.

Low Interest Rates: USDA loans typically offer low interest rates, which can help borrowers save money over the life of the loan compared to other options.

Closing Costs Can be Included: In certain cases, USDA loans allow borrowers to include their closing costs in the loan amount, leaving more cash in your pocket when purchasing a home.

**Atlantic Coast Financial Services is not affiliated with or acting on behalf of or at the direction of FHA, VA, USDA or the Federal Government.