Welcome to USDALoanOregon, Oregon’s comprehensive resource for USDA Loans. Here you can find information and even get approved online. Want to see if installment loans online you are eligible? Looking for rates? We encourage you to contact us by phone or email regarding the USDA Loan process — it can be confusing, we are here to help!
USDA Guarantee Program Did you know that there is an option for consumers that want to purchase a home but are on the lower end of the income level? There is! These loans only account for 1% to 2% of the home loan market in the US. The USDA Guarantee Program can help those people that have some income limitation but can also meet… Read More
USDA Income Limits Have Increased!
USDA has recently increased the income limits in Oregon. If you applied for a USDA home loan in the past but made too much money and were denied, I encourage you to reach out to me. If you did not apply before because you were worried you made too much money please give me a call I would be happy to take a look and… Read More
Changes to student loan calculations
UPDATE USDA Zero down Guaranteed home loan program has updated their student loan policies. We can now use .05% of the outstanding balance against your debt to income ratios instead of the full 1%. This allows for you to qualify for a larger loan. Loan Officer Rock River Financial, Inc 388 State St Ste 500 Salem, OR 97301 Ph 503-316-8000 Fx 503-316-8004… Read More
What’s your buying power?
What’s your buying power? When you’re considering purchasing a home with a USDA loan you want to keep your debt low. The USDA Rural Loan has more conservative debt ratio requirements. It’s simple, the less debt you have the larger loan amount you can qualify for (your buying power). You do NOT want to take out any new loans before or during your loan process… Read More
USDA Rural Development Guaranteed Housing is backed by the U.S. Department of Agriculture. This loan is designated specifically for eligible suburban and rural homes (so homes in big cities usually don’t qualify).