Security Home Mortgage is a USDA-approved lender serving clients in the Salt Lake City, UT, area with quality financing advice and guidance. If you want to live in an area that’s considered rural, then you may be eligible for a USDA mortgage loan. That’s because this type of loan is designed to attract home ownership in agricultural municipalities. Check here under Single Family Housing Guaranteed, to see if the home you want to buy is a designated area. Our mortgage banker and USDA lender, Ryan Harding, can determine whether you qualify and assist you in gathering the paperwork necessary to apply.

USDA Financing for Your Mortgage

USDA mortgage loans are advantageous because they typically have lower interest rates because they’re insured. This means that in the event that a homeowner can’t make their mortgage payments and defaults on the loan, the USDA will make the payment for them. One requirement of USDA financing is you can’t exceed a certain income threshold designated for that fiscal year and is contingent on the number of dependents you have. Another criterion is to have no more than 20% down in liquid assets available to you, not including your retirement savings. Chlick here under Income Limits to learn more about income restrictions.

Other good-to-know information about USDA mortgage loans include the following:

Minimum credit score of 640
Income and assets restrictions
Location designated as rural
Lower mortgage insurance rates
Lower interest rates
Loan is insured by USDA
0% minimum down payment

Meet with our USDA loan lenders near Salt Lake City, UT, to speak with a dedicated mortgage banker about your eligibility. With our skilled loan consultant assisting you with the application process, you have a better chance of your loan approval going smoothly and quickly. Our USDA-approved lenders are different in that we have flexible options through our established relationships with industry professionals.

Set a Consultation with Our USDA Lender

Ryan Harding is an experienced mortgage banker and USDA lender who helps those in Salt Lake City, UT, with their home loan applications. You can be that much closer to buying the home of your dreams with the help of our experienced team. Set a consultation with Security Home Mortgage to learn more about USDA financing. Call us at 801-228-0937 for more information

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"Ryan worked with my wife and I for our first home and it seemed that he was a constant advocate for our interest. For first time home buyers, this was a necessity as we didn't have a lot of knowledge in this particular area and in hind-sight I can see how big of an asset he truly was for the whole process."

Jonathan & Lynette Bowers
"I've worked with Ryan Harding as both a Realtor and as a customer for my own home financing. He is professional and always responsive to my needs. I would recommend him to anyone looking for a home loan."

Jason Bringhurst
"My experience working with Ryan was absolutely wonderful and positive in every way! As a first time home buyer I had a lot of questions and was quite inexperienced with the whole process. Ryan was very patient and extremely helpful; he was great at answering all my questions and made himself available when needed. He made what might have been a stressful situation a very positive and smooth one!"

Mandi Anderson
"On top of all the great service Ryan gave us, we had a problem near the end of the process with the seller and Ryan went above and beyond the call of duty to help us. He personally contacted the seller's agent and solved the problem for us. Ryan is truly outstanding at his job and his integrity is second to none. You will not be disappointed if you use Ryan's services."

Ron & Bonnie Frohlich
"Ryan was always willing to listen and kept us updated on each step as things were processing. He also worked around whatever time frame we needed with our work schedules. I would recommend Ryan in a heartbeat and we are forever grateful to Ryan for helping us get our own home sweet home."

Ben & Dara Blanchette
"Mr. Harding was a great person to work and did everything he promised to do. He followed up and made all the necessary phone calls to get the job done. He really amazed my wife and I with his proactive attitude and take care of business. When we buy a home in the future we will make sure to come back and work with Mr. Harding."

Brandon & Jenelle Boyd