USDA LOANS

USDA LOANS

0% Down Payment with Reduced Mortgage Insurance

GENERAL TERMS

USDA financing 30 year fixed Maximum loan amounts vary by county

OCCUPANCY

Owner occupants only - cannot own any other real estate

CREDIT AND ASSETS

Minimum credit score of 640 0% down payment

INCOME

Maximum debt-to-income ratio as allowed by computerized underwriting Household income limits apply

? 115% of area median income ? Varies by county and household size

OTHER

Available in rural areas: rurdev. 2% up-front guarantee fee (can be financed) .5% monthly mortgage insurance Eligible for MCC

T E A M (720) 258-8275

AT CITYWIDE HOME LOANS

SCOTT WYNN Branch Manager

NMLS# 274886

CO LIC# LMB100018227

CINDY HOWETH Branch Director

NMLS# 257408

CO LIC# LMB100018226

MARLA WYNN Sr. Loan Officer

NMLS# 284160

CO LIC# LMB100030122

JOE EAGAN Loan Officer

NMLS# 300672

CO LIC# LMB100010671

Citywide Home Loans NMLS# 67180 ? 866-437-0200 ? Regulated by the Division of Real Estate ? Information is subject to change without notice. This is not an offer for extension of credit or a commitment to lend. Some restrictions may apply. Please contact the Loan Officer listed above for more information.

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