USDA Loans Texline, Texas
The Texline USDA Home loan is a great choice for borrowers looking to buy a home with NO MONEY DOWN. When home buyers hear USDA rural they often think of farms or underdeveloped areas. In most cases you can find USDA eligible properties just outside of major Texas cities. USDA is creating loans all across the country, including suburban towns that are anything but rural. In fact, in some states like Texas, the vast majority of the state is eligible for USDA loans. Find out if a property in Texline, TX is USDA home eligible by calling 888-767-0554. USDA home loan experts are standing by and ready to help. Connect with a licensed USDA specialist, ask questions, see what cities qualify, and get free quotes.
Finding the Perfect Home Loan
Thousands of consumers in Texline, TX are ready for home ownership. Securing the right home loan doesn’t have to be hard, we have solutions for less than perfect credit and even those with little savings or down payment. To help Texline home buyers overcome challenges we offer more programs and the extra benefit of wholesale rates. We simplify the home buying and refinancing challenges presented by 2024 Texline mortgage guidelines. At USDA RuralMortgage.com, our mission is to get you approved for a Texline USDA mortgage and into your home with payments you can afford. Even if you think you won’t qualify, our highly trained specialists will work with you closely on an individual basis to:
- Review your finances to find a payment you can afford.
- Improve your credit score if needed to qualify.
- Obtain pre-approval to shop for a USDA Eligible Home.
- Secure a loan and purchase your new home!
Working around Credit Issues with Top Rated Specialists
The USDA Rural Mortgage team is celebrating its 27th year in business. Our experience allows for consumer mortgage confidence especially with Texline, TX first time home buyers. We navigate consumers through the mortgage process, explain options and find what choice works best for you. We specialize in more than just USDA rural mortgage loans. Check out consumer home buyer GRANT options, FHA loans and our Bad credit home loan options.
Get on the Path to Home Ownership. We got your Back!
Buy a Home with No Money Down
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Texline, TX USDA Benefits
- No down payment required
- Low 30 year fixed rate
- 102% financing (100% plus the guarantee fee that can be financed or paid for by the seller)
- Can finance closing costs if appraisal above sales price
- Competitive rates (as set by the underwriting lenders)
- Minimal mortgage insurance required
- No cash contribution required from borrower
- Gift Funds Allowed
- No maximum loan amount (although there are family income limits)
- No reserves required
- Streamlined credit approval for scores above 640
- Can refinance an existing USDA loan to get a better interest rate if available
Find your Texline, TX USDA Home Loan 888-767-0554.
Texline is a town in northwestern Dallam County, Texas, United States. The population was 507 at the 2010 Census. The town is named for its location near the New Mexico-Texas state line. The town sits on U.S. Highway 87, which continues southeast towards Dalhart and northwest towards Clayton, New Mexico.
For years there has been a simmering dispute over whether Texline is lawfully a part of Texas or New Mexico. The straight north-south border between the two states was originally defined as the 103rd meridian, but the 1859 survey that was supposed to mark that boundary mistakenly set the border between 2.29 and 3.77 miles (3.69–6.07 km) too far west of that line. this survey error resulted in the current towns of Farwell, Texline, and a part of Glenrio being within the State of Texas. New Mexico’s short border with Oklahoma, in contrast, was correctly surveyed on the meridian. New Mexico’s draft constitution in 1910 stated that the border is on the 103rd meridian as intended. The disputed strip, hundreds of miles long, includes parts of valuable oilfields of the Permian Basin. A bill was passed in the New Mexico Senate to fund and file a lawsuit in the U.S. Supreme Court to recover the strip from Texas, but the bill did not become law. Today, land in the strip is included in Texas land surveys and the land and towns for all purposes are taxed and governed by the State of Texas.[5]