Top 3 Ways To Buy Real Estate For Sale In Duvall, WA| Zero Down USDA, VA, & Homepath

Every two weeks I teach a first time homebuyer education class that is full of potential homebuyers and Realtors that are unaware of some of the most inexpensive, safe, and savvy loan programs that this fruitful market has to offer. As a mortgage advisor, I feel that it is my job to make sure that my homebuyers are clearly educated of both the homebuying process as well as the role duties of becomming homeowers. The three loan programs that I am discussing have some of the lowest default rates among today's home loan programs and provide savings in the "thousands" as compared to FHA and conventional financing.

I've put together a one-and-one-half minute video explaining the 3 loans programs, why I am a fan of them, and why I think that Duvall, Washington is a great place to call HOME. Below the video are links to all three of these great loan program for you to gather more information, and of course, please fee free to contact me directly with any questions!

The USDA Zero Down Loan Program for Duvall Real Estate

The VA Zero Down Loan Program For Duvall Residents

The Fannie Mae Homepath Mortgage Program for Duvall Real Estate

If you are considering buying a home, it is important that you are working with a professional Realtor that is well versed in each one these programs. If you live in Duval or are thinking about moving to Duvall, I feel very comfortable referring Duvall Real Estate Agents John and Sarah Payson with the Payson Group. They clearly understand the USDA, VA, and Homepath programs and do a brilliant job with their clients.

If you would like to talk with me so that I can explain either of these loan programs in further detail, I can be reached at:

Dan Keller - Seattle Mortgage Banker
dan.mortgageadvisor@gmail.com
(425) 350-7136 (available via text too)
http://www.mylenderdankeller.com/

Buy A Home In Duvall, WA With Zero Down| Duvall Homebuyers Eligible For USDA Home Loan

Did you know that Duvall, Washington is one of the fastest growing communities in the State of Washington? I sure didn't... As a Seattle area entrepreneur, I do know that Duvall is one of my favorite "rural" towns in the puget sound that still echos that hometown feeling of history and tradition. I grew up going to summer camp in the Carnation-Duvall area, and today, it's an honor and pleasure as a Bellevue FHA Mortgage Banker to assist families in purchasing homes in this fantastic community.

One of the little known benefits of buying real estate in Duvall, Wa is the fact that due to the "rural" location of Duvall, homes in the Duvall area qualify for the King County USDA-Rural Development Zero Down Home Loan Program. That means that under the guidelines of this state-backed mortgage program, the borrower is not required to make a down payment nor are they required to have a monthly private mortgage insurance premium. However, the caveat is, the borrower must qualify under two main criteria:

(1) The borrower must not exceed the annual household income requirements (ex. a family of 1-4 must not exceed a household income greater than $97,000 annually.) You may want to refer to the USDA household income worksheet, but I recommend a 3-4 minute phone call me (see below) instead, as this process/worksheet can be ambiguous... USDA income qualifying guidelines

(2) Second, the borrower must purchase a home in a USDA-RD approved region. I have saved you the time verifying that as Duvall, Wa is a USDA-RD approved region. To see if homes outside of Duvall are USDA-RD eligible, type in the property address on the USDA region specific guidelines worksheet as you will get instant feedback.

DUVALL USDA PROPERTY ELIGIBILITY LINK

Here are some additional benefits of the USDA-Rural Development Loan Program:
- No Down Payment Required
- No Monthly Private Mortgage Insurance
- 620 Minimum Credit Score Required (If your credit is below that, see Dan Keller to fix that)
- Flexible Debt-to-Income Requirements
- No Pre-Payment Penalties
- No "Strings Attached" or "Fine Print" Terms

As with anything you do when it comes to making a financial decision, I recommend that you are working with a Professional. From my experience, I highly recommend The Payson Group as Duvall USDA Real Estate Experts. John and Sarah Payson are veteran Realtors, they understand the King County USDA Loan Program, and most importantly, do a brilliant job serving their clients on the eastside.

If you have any questions on Duvall Real Estate, contact:
The Payson Group
http://www.thepaysongroup.com/
sarah@thepaysongroup.com
(425) 281-5736

For more information on qualifying for a USDA Mortgage or talking about a Free Credit Analysis, contact:
Dan Keller, USDA/FHA Mortgage Banker
http://www.mylenderdankeller.com/
dan.mortgageadvisor@gmail.com
(425) 350-7136