USDA Home Loans in Belmont, NC 28012 do not have a maximum loan amount – however, the property must be located within the USDA “Eligibility” area. Here are maps of the Gaston County area, remember that the “faint pink” parts on the map do NOT qualify for USDA Loans. All of the OTHER areas, however, DO qualify for the USDA RD Loan program.
USDA Loan Highlights:
- No Money Down Loans, Seller can pay closing costs
- In Ground Swimming pools are difficult to finance
- Credit Scores without NC Housing Aid must meet a minimum of 640 (See Bottom of this Page for more details on this First Time Home Buyer program available in Belmont)
- Very low USDA PMI rates