What's included in a USDA loan.
✓ Single-family, condo, and modular homes
Doublewides 20 years old or newer are also eligible.
✓ Wrap closing costs into the loanPlus new appliances, up to appraised value.
✓ Remodel before closing
Contractors paid at close — no out-of-pocket repair costs.
✓ Non-taxable income may gross up 25%
Social Security, disability, and similar income gets a boost in qualifying.
✓ Rental is not always required
One less hurdle if you've been with family or moving often.
$0
Down Payment Required
6%
Seller Can Pay Toward Closing Costs
100% Financing To Appraised Value
If your home appraises for more than the sales price, you can include the cost for new appliances.
Professional Guidance
Our team provides detailed numbers before you start looking at homes. That way you know all the numbers for you make an offer on a home.
Why Choose USDA
What most people get wrong about USDA.
MYTH 01
"I've owned a home before, so I can't qualify."
False. There is no first-time homebuyer requirement. If you meet the income and property criteria, prior ownership doesn't matter.
MYTH 02
"USDA is only for farms in the middle of nowhere."
Not even close. Eligible areas are everywhere. Only the larger cities are not eligible.
MYTH 03
"I need perfect credit and a fat down payment."
You don't. Credit as low as 580 qualifies or 620 for manufactured home.
MYTH 04
"I'll have to pay for repairs and new appliances out of pocket."
Not necessarily. You can wrap closing costs and new appliances into the loan, up to the appraised value. Escrow for repairs is allowed.
Happy Homeowners
William and his Team were absolutely awesome. I told him at the start I was shooting for the stars for a dream home, he made it a reality. He gave valued advice on what to do and to expect from start to Closing. Couldn’t recommend anyone higher! Thank you William!
B. Penley
As first time home buyers, we did not know the process but felt like William communicated what was needed from us well and …. WE GOT OUR HOUSE!
A. Brown
We highly recommend Mr Roseberry and his team. They were efficient, knowledgable, and supported us through an out of state purchase with continuous updates and ease of signing documents without traveling from Fl to NC. Everything was explained to us and sent for review prior to any dated documents arriving. It was a great experience, and we saved money because the team stayed abreast of market changes right to the closing. We’ll definitely work with this company and team again.
C. Johnson
Let's see what you qualify for.
Tell us a little about you and the area you're looking in. William will reach out within one business day with a clear answer - no obligation, no credit pull until you say so.
William Roseberry
BRANCH MANAGER * THE ROSEBERRY TEAM
(704) 622-6896 * wroseberry@novushomemortgage.com
845 Davidson Drive * Concord, NC 28025
NMLS #68916