If you haven;t been introduced into USDA financing, then you are missing out on one of the last best loan products available for first time home buyers. There are TWO main qualifications aside from the normal credit requirements (which by the way are a little more lenient). First, the property has to be in an approved lending area and second there is a total household income test. USDA lets you go up to 115% of the median allowable income for their areas. Most counties in New Jersey, PA and Fl qualify and the income limits will allow you to make in some circumstances up to $120,000 per year.

If you are looking to buy a home - Call 7th Level Mortgage and ask us about USDA! Its not just for FARMERS anymore.