Having a Wichita mortgage may mean looking outside of Wichita.

Sept. 5, 2008 - PRLog -- The US Department of Agriculture has approved Wichita Mortgage Place to offer government backed USDA home loans to clients looking for a Wichita home loan.

The USDA home loan program allows a borrower financing with no down payment and no mortgage insurance, yet still offers competitive interest rates.  The program requires a borrower must live in a rural area, defined as less than 50% developed.  In the Wichita area, homes in Andover, Benton, Goddard, Maize, Mulvane, Park City, Rose Hill, and Valley Center would all qualify for the program.  

Potential home buyers must not exceed a certain income level based on family size, according to the USDA guidelines.  

For more information about obtaining a Wichita Home Loan or specifically about the USDA mortgage program, go to http://www.wichitamortgageplace.com

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Wichita Mortgage Place is a residential home loan lender. Specializing in the wichita mortgage market, wichita mortgage place offers home loan financing for new home purchases and existing home refinances.