United Atlantic Mortgage in Virginia Beach is proud to offer 100% financing for first-time homebuyers in eligible rural areas designated by the U.S. Department of Agriculture. Our USDA financing program applies to owner-occupied dwellings only, and includes single family attached/detached; manufactured homes; modular homes; PUDs and condo properties.
Low fixed interest rates are available to all borrowers who are U.S. citizens, U.S. non-citizens, and national or qualified alien citizens. Our USDA financing option is available for qualified applicants with a minimum credit score of 620.
The borrower’s adjusted income may not exceed the rural housing’s limit for the area, and closing costs may be financed if supported by property-appraised value for this one mortgage loan.