Why Rent in Pasco WA when you can Buy with a USDA loan?
By David Mordue - NMLS 120640 Wells Fargo - Kennewick (509) 736-2618
(Wells Fargo Home Mortgage)
Free government money is not something to be looked upon lightly!No down payment USDA loans not only save you the upfront costs of house ownership, but you also gain the tax benefits of a mortgage and begin to build wealth through equity. The government, through the USDA, has dedicated itself to building up rural areas, and offering substantial benefits to the people who help them accomplish this. Normally the mortgage vs rent argument is a closer one, but with benefits like these, the decision becomes much more cut and dry.A USDA loan also comes without the need for purchasing expensive mortgage insurance, which allows more money to be directed toward the house payment every month. They also come with no maximum limit. So if your credit is good, you may get a bigger house than you coul...