Benchmark Mortgage Colorado has published a new article entitled 5 Essential Facts About USDA Home Loans, which sheds light on the most important aspects of USDA Home Loans for First Time Home Buyers in Colorado Springs and surrounding areas. Low to Moderate Income Home Buyers in Rural Areas of Colorado and other interested individuals can view the full article at

The article includes several interesting pieces of information, one in particular is that USDA loans come with their own sets of qualifications and are usually geared for rural or low-income buyers. However, there are a number of benefits to taking out this type of loan. Let’s take a deeper dive and explore 5 of those benefits. This should be of particular interest to First Time Home Buyers because a Home Buyer may not have a lot of money, and sometimes it can seem like actually owning a home is a pipe dream. USDA home loans help give people who aren’t wealthy a chance at affording a home.

One of the most important pieces of information the article tries to convey and communicate is that there are two types of USDA loans: direct and guaranteed. The best example of this is perhaps found in the following extract:'Direct loans have more requirements to use. A property has to qualify as “modest in size” for the specific area, and it cannot have a market value that exceeds the loan limit. There are also limitations put on the home itself. Direct loans are aimed at low-income families, so the requirements can be strict. Guaranteed loans are similar, but they open a few more doors and aren’t quite as strict.'

In discussing the article's creation, Diane Beaumont, Branch Manager/Mortgage Loan Originator NMLS ID 247026 at Benchmark Mortgage Colorado said:"USDA home loans can be the right choice. USDA loans are a great choice for people looking to purchase in rural areas. Additionally, if one is a low-to-moderate income homebuyer, it’s very likely that they qualify for one of these loans. A USDA loan can help save thousands of dollars in home buying expenses because they don’t require down payments. However, home buyers do need to make sure that they qualify."

Regular readers of Benchmark Mortgage Colorado will notice the article takes a familiar tone, which has been described as 'consumer friendly.'Benchmark Mortgage Colorado now welcomes comments and questions from readers, in relation to the article, as they are intent on serving the local public needs. The reason is simply because an informed and educated homebuyer is a successful homebuyer.

Anyone who has a specific question about a past, present, or future article can contact Benchmark Mortgage Colorado via their website at or call 719-687-2112.

Diane Beaumont
Company: Benchmark Mortgage
Address: 300 Sunny Glen Ct, Woodland Park, CO, 80863
Phone: 719-687-2112
Email: [email protected]

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