USDA Loans Lake Nacimiento, California

The Lake Nacimiento 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 California cities.  USDA is creating loans all across the country, including suburban towns that are anything but rural. In fact, in some states like California, the vast majority of the state is eligible for USDA loans. Find out if a property in Lake Nacimiento, CA 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 Lake Nacimiento, CA 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 Lake Nacimiento 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 2022 Lake Nacimiento mortgage guidelines. At USDA RuralMortgage.com, our mission is to get you approved for a Lake Nacimiento, California 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 25th year in business.  Our experience allows for consumer mortgage confidence especially with Lake Nacimiento, CA 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
Get Pre-Qualified Now

    Once this form is completed you will have the option to start your USDA mortgage application.

    Thank you for choosing USDAruralmortgage.com

    Lake Nacimiento, CA 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 Lake Nacimiento, CA USDA Home Loan 888-767-0554.

    Lake Nacimiento is an 18-mile (29 km) long lake on the Nacimiento River in northern San Luis Obispo County, California. The lake contains many arms including Snake Creek and Dip Creek, nearer the dam, and the central Las Tablas and Franklin Creeks. Because of the dragon-like shape created by the positions of these arms, it is sometimes referred to as Dragon Lake. The lake can fill quickly in the winter from river surges resulting from downpours upstream in the Santa Lucia Range so the level is not usually allowed to capacity until May 1 of each year.

    Lake Nacimiento has a low fish population due to the high levels of mercury present in the lake, due to runoff from the closed Klau and Buena Vista Mercury Mines, south of the lake.[1] Only a few fisherman manage to catch fish. Consumption of bass, crappies, carps, and catfish from the lake is dangerous, but blue gill and sucker fish may be eaten only once per week safely. The lake is unique among California reservoirs in that it contains, among other species, introduced white bass, which thrive in the lake and spawn in the river and inflowing creeks in spring. In fact, the world fly fishing record for a white bass was broken in 1981 at Lake Nacimiento. The fish was caught by Cory Wells, a member of Three Dog Night. The record stood for over 27 years. Lake Nacimiento can also produce power from a turbine at the base of the dam. According to the Salinas Californian newspaper, the Monterey County Board of Supervisors (Marc Del Piero, Barbara Shipnuck, Dusan Petrovic, Sam Karas, and Karin Strasser-Kaufman) appropriated the funds to build the turbine that increased “green energy” supplies for Monterey County.