USDA Loan Product
Guaranteed Loan Program
Qualifications
- Earn less than the USDA income limit (see chart below)
- Occupy the house
- Demonstrate an ability and willingness to make the monthly payments
- Purchase a home that is in the USDA coverage area
Advantages
- Lower monthly payments
- Lower interest rates
- No down payment needed
- No monthly PMI charge
- No minimum credit score
- Loan is underwritten locally at Flat Branch Mortgage
Boone County Income Limits
(limits differ by county, contact Flat Branch for your county’s limits)
1-4 Persons = $73,600
5-8 Persons = $97,150
Note: You are allowed to deduct daycare expenses and other non-reimbursed work expenses as well.
Qualifying Areas: All areas in Missouri except homes inside the city limits of Columbia, Jefferson City, Fort Leonard Wood, Springfield, Joplin, St. Joseph, Cape Girardeau. Also not eligible are homes in and around St. Louis and Kansas City
USDA loans are the #1 loan for Rural America! Click here to apply today!
3-13-2010
Today's Rates
| Conventional 30 Year Fixed |
5.125% | |
| 5.223% APR | ||
| 4.875% | ||
| 1 Point Paid | 5.055% APR | |
| Rates can change numerous times per day and every loan scenario is different. Please call for a detailed quote. The rates posted below are for a given scenario and your quote may vary. If you have a more competitive quote, give us a call and we will do our best to beat it! | ||
| Conventional 20 Year Fixed |
5.000% | |
| 5.132% APR | ||
| 4.750% | ||
| 1 Point Paid | 4.993% APR | |
| Rates can change numerous times per day and every loan scenario is different. Please call for a detailed quote. The rates posted below are for a given scenario and your quote may vary. If you have a more competitive quote, give us a call and we will do our best to beat it! | ||
| Conventional 15 Year Fixed |
4.375% | |
| 4.540% APR | ||
| 4.250% | ||
| 1 Point Paid | 4.489% APR | |
| Rates can change numerous times per day and every loan scenario is different. Please call for a detailed quote. The rates posted below are for a given scenario and your quote may vary. If you have a more competitive quote, give us a call and we will do our best to beat it! | ||
| FHA 30 Year Fixed |
5.000% | |
| 5.240% APR | ||
| 4.750% | ||
| 1 Point Paid | 5.067% APR | |
| Rates can change numerous times per day and every loan scenario is different. Please call for a detailed quote. The rates posted below are for a given scenario and your quote may vary. If you have a more competitive quote, give us a call and we will do our best to beat it! | ||
| VA 30 Year Fixed |
5.000% | |
| 5.273% APR | ||
| 4.750% | ||
| 1 Point Paid | 5.101% APR | |
| Rates can change numerous times per day and every loan scenario is different. Please call for a detailed quote. The rates posted below are for a given scenario and your quote may vary. If you have a more competitive quote, give us a call and we will do our best to beat it! | ||
| USDA 30 Year Fixed |
5.250% | |
| 5.520% APR | ||
| 5.000% | ||
| 1 Point Paid | 5.349% APR | |
| Rates can change numerous times per day and every loan scenario is different. Please call for a detailed quote. The rates posted below are for a given scenario and your quote may vary. If you have a more competitive quote, give us a call and we will do our best to beat it! | ||
"Shawn Von Talge is always very accessible, understanding and trustworthy. I know whenever we do business with him he will give us straight forward answers in a timely manner. We wouldn't trust anyone else!"
Rich & Jill Bohanan
Jessica made multiple trips to my place of employment to make things more convenient for me. She was always extremely helpful and easy to contact. I was able to buy my first home with very little hassle or stress thanks to Jessica Robertson and Jim Yankee.
Stacy Collins
Dear Scott:
I am writing this letter for the benefit of your future clients, as I strongly recommend you as a mortgage consultant and source.
Scott began earning my business from the very first contact. He was always respectful of my time and my individual needs. He suggested that I look at his web site which has very helpful information for the consumer. Scott is interested in educating his clients and not just their mortgage business. Even though I was moving out of the area, he was eager for my business and willing to travel for my closing even though it was unnecessary. Scott was always available for consultation and advice as problems surfaced with a seller of a property that I was interested in. Scott's personality always came shining through as he always takes time to be patient and helpful and thus is a true business partner.
Best regards,
Nancy G. Morton - St. Charles, MO
"Shawn did an absolutely great job helping us refinance our house. We were especially impressed by how easy it was to contact Shawn, even contacting us out of state. We were also impressed with the guidance he gave us throughout the process, letting us know what to expect in advance and how to interact with the various parties involved. Finally we want to mention that he got us almost all of the cash we needed to fold the costs of some recent home improvements into the mortgage, while other banks we had tried to work with turned us down despite our excellent credit rating and job status."
Patrick Wheeler
"I would recommend Shawn to anyone who asked me about a home loan and actually I told Ryan Stephens to talk to Shawn and he bought a home. In addition I have told another friend about him and he is going to pursue a home loan through Shawn. Shawn is a very down to earth person and doesn't try to talk you into anything you don't want to do and is very professional. I would and will continue to recommend Shawn to all and anyone who asks me about purchasing a home!"
Josh Jolley
"I am very satisfied with Eric Hemmer. I felt like I got personal attention that many other companies would not provide. His service was very thorough and I believe he explored all options to get me the best possible rate for my refinance."
Jason Buck
"Shawn Von Talge went above & beyond the call of duty. I will most certainly keep his business card handy! We love our new home."
John & Susan Shelby
"I've worked with Shawn Von Talge before and have always enjoyed his candor on what loans would be in my best interest. As with the last loan I used to refinance my home, working with Shawn on this refinance was as easy as the last. Shawn is professional and always puts the client first. Thanks for your help on this loan...it closed without a hitch!"
Pam Walters
"Shawn Von Talge is great! He returned every phone call I placed to him. He went the extra mile to make it happen."
Randy & Christina Watson
"Shawn was extremely patient and knowledgeable in explaining the refinance process. He was always available and competent. He ensured that I received the best interest rate possible and worked through the many ups and downs of today's mortgage environment to ensure that my loan was taken care of and more importantly made me feel that I was taken care of. I would highly recommend his services."
Kimberly Schrimpf
