USDA Mortgages in Phoenix

Mortgage Options for Rural Areas in Chandler

Are you looking to purchase a home in a rural development area, and need a mortgage to make said purchase? At the Michael Lara Group, we offer special loans for individuals and families looking to move to rural areas in the state of Arizona. USDA home loans can provide a 100% financing option for low-to-moderate-income home buyers wishing to purchase a rural development home, and are backed by the federal government.

Other benefits of USDA loans include:

  • Competitive interest rates
  • No down payment necessary
  • Upfront guarantee fee may be included in financing
  • No post-closing reserves or minimum investments are required
  • Gifts/grants from family, friends, and non-profit agencies are permitted

USDA loans are only given to those who wish to purchase a home in an eligible rural area, as defined by the U.S. Department of Agriculture, and who have a household income that does not exceed the established limits where the house is located. Our team can help determine if you meet the requirements of a USDA loan, as well as help you throughout the entire mortgage process. For more information, please reach out to our office at (480) 246-3719 to schedule a complimentary loan consultation.

Why Choose Us?

  • Exceptional Mortgage Service
  • Committed To Responsible Lending Practices
  • Providing Accurate & Relevant Mortgage Advice