USDA Platinum Million Dollar Lender
Inlanta Mortgage has been recognized for its contribution to the success of the USDA Rural Development Guaranteed Rural Housing Program for fiscal year 2012. Inlanta is a certified USDA Platinum Million Dollar Lender utilizing over $5 million in rural housing funds during 2012.
USDA Rural Development Program
The USDA Rural Development Loan Program, or just USDA loans for short, are designed to make rural housing more affordable. A USDA Guaranteed Loan is a government insured 100% purchase loan. USDA loan program eligibility depends upon applicant income and the purchase property location. The USDA Rural Housing program is for residential purchases and rate-and-term refinances only – no cash out refinancing. All USDA loans are 30-year fixed rate mortgages.
In 2012, guaranteed rural housing funding was delivered to Wisconsin homeowners resulting in over 3,388 home purchases. Inlanta is headquartered in Brookfield, Wisconsin, just outside of Milwaukee.
USDA Loan Eligibility
In order to utilize the USDA Rural Housing Program, your home must be located in a rural area. Although the term “rural” might not seem to apply to you – several suburbs and outlying communities of most major U.S. cities meet the USDA property location requirements. Check your property eligibility here: Rural Housing Property Eligibility.
Since the program is designed to help low-income individuals or households purchase homes – the USDA Rural Development Program also has income limits. Check the income limits for your area here: USDA Rural Housing Income Limits.
Apply for USDA Loan
Inlanta Mortgage is an approved USDA Rural Housing Program Lender and a USDA Platinum Million Dollar Lender. Apply online now at http://www.teaminlanta.com.
The information provided in this post is not meant to be comprehensive. For more information on USDA mortgage loans, contact a licensed mortgage loan officer directly.
Celebrating its 20th Anniversary, Inlanta Mortgage is a growing mortgage banking firm committed to quality mortgage lending, ethical operations and strong customer service.
Inlanta Mortgage offers Fannie Mae/Freddie Mac agency products, as well as a full suite of jumbo and portfolio programs. The company is an agency approved lender for Fannie Mae, FHA/VA, FHA 203K and USDA. Inlanta Mortgage also offers numerous state bond agency programs. Review Inlanta’s mortgage loan programs here.
Inlanta Mortgage is a multi-state mortgage banker based out of Brookfield, Wisconsin. NMLS #1016. Inlanta Mortgage is proud to be named to the Scotsman Guide Top Mortgage Lenders 2012 list and to be among the Top 100 Mortgage Banking Companies in America in 2012 and Fastest Growing Milwaukee-Area Firms.