The USDA loan program provides moderate income families with access to access to affordable home ownership in eligible rural areas. Commonwealth Mortgage Group in conjunction with USDA can provide home buyers with financing requiring no down payment and can finance closing costs and repairs up to the property's appraised value. Other benefits of the USDA loan include no Private Mortgage Insurance or Prepayment Penalties with competitive 30 yr fixed rates.

For additional questions regarding the USDA Loan please contact one of our qualified loan officers.