Getting A Loan

USDA

USDA Loans

A USDA loan is a mortgage that is backed by the U.S. Department of Agriculture (USDA). These loans are based on specific approved locations through out the United States. 

Loan Benefits: 

  • Can be a fixed rate

  • Can be a 30 year term

  • Can be funded (start to finish) in as little as 15 business days

  • Can allow you to purchase a home with no money down.

  • USDA loans do not have monthly mortgage insurance and can have lower monthly payments with similar down payments as other loans. 

  • Can be used to purchase or refinance your primary residence

Borrowing Power

Borrow up to 41% of your debt to income. This means how much you make vs. how much you owe each month. 

Speed to Close

Close in as little as 15 business days! Average closing expectation is 30 days or less. 

*Call for exceptions 

Minimum Credit Score

The minimum credit score a typical borrower will need to have is 620.

*Call for exceptions 

Minimum Down Payment

Purchase with as little as 0% down. 

*Call for exceptions 

Have More Questions?

Wesley Wyrick | Vice President Of Sales | NMLS  1067576​ | 3818 Teays Valley Rd, Hurricane WV 25526

NMLS      |      FAIR LENDER      |      FAIR HOUSING

Licensed by the Dept. of Business Oversight under the Kentucky Mortgage Company License MC81516;  L-158799; Ohio Mortgage Broker Banker Exemption MB.850056.000; Tennessee Department of Financial Institutions #122390; West Virginia Mortgage Lenders License # ML-24537; Licensed by the Tennessee Department of Financial Institutions 122390 NMLS ID #50635 (www.nmlsconsumeraccess.org) Victorian Finance, LLC DBA American Home Mortgage

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