arkansas

arkansas
Stay Connected
SOCIAL MEDIA
FACEBOOK Facebook
TWITTER twitter
LINKEDIN linKedin
YOUTUBE youtube
BLOG blog
Stay Connected
SOCIAL MEDIA
FACEBOOK Facebook
TWITTER twitter
LINKEDIN linKedin
YOUTUBE youtube
BLOG blog

USDA Arkansas

 

 

 

 

 

 

 

 

 

 

If you are in need of a USDA Arkansas Mortgage you have come to the right place. The USDA Mortgage also known as the Rural Development Mortgage is one of the best mortgage products available in today’s market.  This loan type has many great features that make it an attractive loan product.

It’s one of the few products that still allows for 100% financing.  The interest rates are very comparable to other government mortgage products. Although the USDA Mortgage does have mortgage insurance it is very low compared to other mortgage types with mortgage insurance.  Additionally on purchase transactions the seller is allowed to pay up to 6% of the loan amount towards closing costs, which in most cases is more than enough to cover all costs.

There are several misconceptions about the USDA Mortgage. The biggest is that to qualify a person must live on a farm or remote area. This is the farthest thing from the truth. The eligibility requirements are based on the population of the area. In Arkansas most areas outside of the major cities qualify.  For example Little Rock does not qualify however most of the outlying areas such as Alexander and Bryant do. The best way to see if a particular property is in a qualifying area is to search using the USDA Eligibility Map. Another misconception is that a person must be below average income.  In Arkansas a family of four can have a combined household income of up to $74,050.

As you can the USDA Arkansas Mortgage is a great mortgage product. Primary Residential Mortgage specializes in USDA Mortgage Loans and would love to help you buy your dream home. Please feel free to call us and to get more information.  

 

 

 

 

 

 

 

 

 

 

If you are in need of a USDA Arkansas Mortgage you have come to the right place. The USDA Mortgage also known as the Rural Development Mortgage is one of the best mortgage products available in today’s market.  This loan type has many great features that make it an attractive loan product.

It’s one of the few products that still allows for 100% financing.  The interest rates are very comparable to other government mortgage products. Although the USDA Mortgage does have mortgage insurance it is very low compared to other mortgage types with mortgage insurance.  Additionally on purchase transactions the seller is allowed to pay up to 6% of the loan amount towards closing costs, which in most cases is more than enough to cover all costs.

There are several misconceptions about the USDA Mortgage. The biggest is that to qualify a person must live on a farm or remote area. This is the farthest thing from the truth. The eligibility requirements are based on the population of the area. In Arkansas most areas outside of the major cities qualify.  For example Little Rock does not qualify however most of the outlying areas such as Alexander and Bryant do. The best way to see if a particular property is in a qualifying area is to search using the USDA Eligibility Map. Another misconception is that a person must be below average income.  In Arkansas a family of four can have a combined household income of up to $74,050.

As you can the USDA Arkansas Mortgage is a great mortgage product. Primary Residential Mortgage specializes in USDA Mortgage Loans and would love to help you buy your dream home. Please feel free to call us and to get more information.  

Print  

Free Pre-Approval

First NameLast Name
PhoneZip Code
Email Address
Print  

 

 Yes we are local. Often times when you find a lender on the internet they are working from a call center in another state. We are right here in Arkansas. You can rest assured that when dealing with us we are going to treat you like you are one of our neighbors because you are. We look foward to helping you with your home loan.

If you have questions or if you are ready to get your no obligation FREE pre-approval just call us at 501-225-5626 or fill out the form at the top of the page. We are here and ready to help you with you home loan needs.

 Yes we are local. Often times when you find a lender on the internet they are working from a call center in another state. We are right here in Arkansas. You can rest assured that when dealing with us we are going to treat you like you are one of our neighbors because you are. We look foward to helping you with your home loan.

If you have questions or if you are ready to get your no obligation FREE pre-approval just call us at 501-225-5626 or fill out the form at the top of the page. We are here and ready to help you with you home loan needs.

Print  


PRMI NMLS No. 3094. Branch NMLS 1161933. PRMI is an Equal Housing Lender. Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. The content in this marketing advertisement has not been approved, reviewed, sponsored or endorsed by any department or government agency. Rates are subject to change and are subject to borrower(s) qualification. This office is licensed and examined by the Office of Consumer Credit Commissioner of the State of Texas. Alabama Banking Department Bureau of Banking MC 20316. Arkansas Securities Department 11558. Florida Office of Financial Regulation MLD646. Department of Banking and Finance 6521. Office of Financial Institutions #771. Missouri Division of Finance. Mississippi Department of Banking and Consumer Finance, 3094. Oklahoma Department of Consumer Credit ML010027. Department of Financial Institutions 109282. Your opinion is greatly appreciated, we thank you for visiting this website or Primary Residential Mortgage, Inc. If you have specific questions, comments, concerns or complaints we invite you to contact us by the email shown here: ConsumerVoice@primeres.com. Emails received during business hours, should receive a response within 48 hours, excluding weekends or holidays. Primary Residential Mortgage, Inc. is licensed under the laws of the State of Texas and by state law is subject to regulatory oversight by the Texas Department of Banking. Any consumer wishing to file a complaint against Primary Residential Mortgage, Inc. should contact the Texas Department of Banking through one of the means indicated below: In Person or U.S. Mail: 2601 North Lamar Boulevard, Suite 300, Austin, Texas 78705-4294, Telephone No.: (877) 276-5554, Fax No.: (512) 475-1313, email [E-mail]: consumer.complaints@dob.texas.gov, Website: www.dob.texas.gov."
PRMI NMLS No. 3094. Branch NMLS 1161933. PRMI is an Equal Housing Lender. Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. The content in this marketing advertisement has not been approved, reviewed, sponsored or endorsed by any department or government agency. Rates are subject to change and are subject to borrower(s) qualification. This office is licensed and examined by the Office of Consumer Credit Commissioner of the State of Texas. Alabama Banking Department Bureau of Banking MC 20316. Arkansas Securities Department 11558. Florida Office of Financial Regulation MLD646. Department of Banking and Finance 6521. Office of Financial Institutions #771. Missouri Division of Finance. Mississippi Department of Banking and Consumer Finance, 3094. Oklahoma Department of Consumer Credit ML010027. Department of Financial Institutions 109282. Your opinion is greatly appreciated, we thank you for visiting this website or Primary Residential Mortgage, Inc. If you have specific questions, comments, concerns or complaints we invite you to contact us by the email shown here: ConsumerVoice@primeres.com. Emails received during business hours, should receive a response within 48 hours, excluding weekends or holidays. Primary Residential Mortgage, Inc. is licensed under the laws of the State of Texas and by state law is subject to regulatory oversight by the Texas Department of Banking. Any consumer wishing to file a complaint against Primary Residential Mortgage, Inc. should contact the Texas Department of Banking through one of the means indicated below: In Person or U.S. Mail: 2601 North Lamar Boulevard, Suite 300, Austin, Texas 78705-4294, Telephone No.: (877) 276-5554, Fax No.: (512) 475-1313, email [E-mail]: consumer.complaints@dob.texas.gov, Website: www.dob.texas.gov."