No Money Down Loans at Cleveland Ohio Mortgage
If you are interested in purchasing a home with no money down an Ohio USDA Rural Development Loan may be a great fit. Many people are surprised that these loans are often offered in suburbs just outside of large cities. Some of the advantages of a USDA Rural Development Loan include:
- No Maximum loan amount
- Zero down financing options
- No monthly mortgage insurance – There is an up-front guarantee that can often be financed into the loan
USDA Loans do have a maximum income threshold. This amount will vary depending on the area where the home is located.
For more information on a no money down home loan call today.
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Here are some of areas in Ohio where we can offer a variable rate mortgage: Canton, Cincinnati, Columbus, Cleveland, Akron, Toledo, Dayton, Hamilton, Lima and Youngstown