Northern Mortgage

WHAT IS A U.S.D.A. LOAN?

HELPING YOU AND YOUR FAMILY FIND A FOREVER HOME.

AT A GLANCE:

- USDA Loans are government-backed funds purposed for borrowers with average or below-average income and credit history.
- Down payments as low as 0% are available. *
- Only homes located in rural areas are eligible for USDA funding.

WHAT IS IT?

Like FHA loans, USDA loans are a federally guaranteed loan program, but backed by the United States Department of Agriculture. This loan program typically requires strong income history and an acceptable debt-to-income, among other things. For all eligibility requirements and to determine eligibility, please contact a licensed loan officer to determine eligibility.

IS An USDA LOAN FOR ME?

USDA loans are often more flexible in income and credit history requirements and can yield more favorable loan terms compared to a conventional loan in certain borrower scenarios.

If you enjoy the pace of a small town versus a suburb or city, there’s a good chance a USDA loan would work for you. You’re welcome to check the eligibility map here.

USDA loans are great if you can pay the monthly mortgage payments but lack the credit profile to qualify for a traditional loan.

Get Pre-Approved!

WHAT’S THE NEXT STEP?

Before you begin shopping for homes, contact a Loan Officer! Even if you’re not ready to buy today, they’ll give you the information and resources you need to move forward with confidence.

If you’re ready to purchase a home, your offer will become stronger with a pre-approval from Northern Mortgage.

In order to apply, you’ll need to collect several documents, including proof of income and assets (e.g. bank statements, etc.), employment verification, and identity verification.

You’re more than welcome to reach out to any of Northern Mortgage’s licensed loan officers with any questions you have!

* No guarantees or offers to lend implied. Contact a licensed loan officer for additional details or to determine eligibility.

Get a USDA Loan!

Our New England LOAN OFFICERs

Todd Freeman

Branch Manager

West Springfield, MA

Russ Poe

Loan Originator

West Springfield, MA

Andrew King

Loan Originator

West Springfield, MA

April Towers

Loan Originator

West Springfield, MA

Fred Ginches

Branch Manager

Boston, MA

John Pedro Jr.

Loan Originator

West Springfield, MA

Danielle Souza

Loan Originator

West Springfield, MA

Reviews you can trust.

Real People. Real Results

Let's get in touch

What a GREAT experience! Todd and the rest of the staff were fast, reliable, and very pleasant to work with. I would recommend them to anyone and will use them again in the future!

Greg T.

Our counter offer was accepted! Thank you, Russ, for helping us get pre-approved so quickly; we couldn't have done this without you!

Brooke N.

I worked with Todd to purchase my first home and I couldn't be happier with the experience. He was accommodating, efficient, and genuine! Thank you, Todd!

Amanda D.