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USDA

The United States Department of Agriculture (USDA) offers 100% financing on homes in qualified areas. There are also household income limits to meet to be eligible for USDA financing, but depending on your situation, a USDA loan might be great for you. Local Mortgage can help you determine if a USDA loan is the best type of mortgage for your situation, but first be sure to check property eligibility and income eligibility.

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USDA mortgages require both an upfront and monthly insurance premium. However, the upfront insurance premium can be financed into the loan, and the monthly insurance premium is less expensive compared to other products. By working with Local Mortgage, you will get a mortgage structured to suit your needs. 

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Each state's USDA office approves each USDA loan on a first-come-first-serve basis. USDA mortgages are very popular for those who qualify. Choose to work with our team when you apply for a USDA loan, and receive the Local Mortgage advantage:  

  1. Competitive low mortgage interest rates on on USDA loans​

  2. Our expert staff is experienced handling USDA loans

  3. Transparent mortgage process and great communication lets you know where your loan is at all times

  4. Our staff is always available for you to contact. 

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Local Mortgage Inc. 

8295 Tournament Drive Suite 150

Memphis, TN 38125

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©2019 by Local Mortgage Inc.  |  NMLS License #1855068  |  Disclosures and Licenses

By using this website, you agree to our Terms of Use and Online Privacy Policy. You also acknowledge receipt of our Privacy Policy. 

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Interest rates where shown, (or quoted) on this site are not an approval or offer of credit. All loans are subject to qualification based on the underwriting standards of Local Mortgage Inc., private or government insuring agencies, guarantors or investors. 

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Communication/Marketing Consent: By submitting your information through this website, you authorize Local Mortgage Inc. to contact you via telephone and/or email, even if you have previously registered on the Do Not Call Registry. Any mobile telephone number you  provide may incur charges from your mobile service provider. By visiting this site, third parties may place cookies on your browser for advertising purposes. This data may be used by third parties to display digital advertising on other sites and networks based off of your activity. 

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