We take pride in making lending easy. USDA Home Loan Cedar Rapids

We take pride in making lending easy. USDA Home Loan Cedar Rapids

We Are Hall Lending Group

Hall Lending Group was created by Hope Hall with one mission in mind: to provide customers with the best home loan experience possible. For nearly two decades, we have been helping families meet their goals of home ownership with the best interest rates and loan programs available. We care about more than just your home loan. We understand that family is important and that you want what is best for them. We make lending easy because you want to be the hero that gave your child their own backyard. We make lending easy because you want to spend more time with your family and less time on paperwork. We make lending easy because YOUR TIME MATTERS.

USDA home loan , also known as USDA Rural Development Guaranteed Housing Loan Program, is a mortgage loan offered to rural property owners by the United States Department of Agriculture (USDA). Even though the loan is offered through the USDA, it does not mean the borrower has to build a farm on the rural property. The funds borrowed can be used to purchase a home in rural areas. These loans are available to home buyers with low to average incomes for their particular areas.

For years, the USDA home loan has been successful at putting people in homes who thought they would only be able to afford to rent an apartment or home. To them, a mortgage or a home loan was completely out of reach because they were seen as bad risks by almost every conventional or even unconventional mortgage lender. Through this program, 100 percent financing is made possible with reduced mortgage insurance premiums and below market value mortgage rates. No down payment is required, and you are required to take a fixed rate loan.

The USDA home loan does require upfront mortgage insurance; however, it is not paid as cash

It is added to the loan balance for you, making these types of loans extremely affordable. Continue reading We take pride in making lending easy. USDA Home Loan Cedar Rapids