Buying home with low credit scores can be next to impossible. But now there’s hope for people with low credit score to buy a home in Amarillo. USDA home loans Amarillo is the most popular home loan programs that offers financing for people with subprime (lower than 620) credit scores. With USDA home loans
, your dream to own a home in the 14th most populous city of Texas will be a reality.
Most of the population and economic developments can be seen in the southern and northwestern parts of Amarillo. If you want to be part of an ever evolving city in Texas, consider settling in Amarillo. Talk to us to know your loan options.
Demographics of Amarillo
Spread across an area of 90.3 square miles, Amarillo is home to 185,743 people who reside in 67,699 households. The median income for a household in the city of Amarillo was $34,940. This is one of the fastest progressing city of Texas and being a part of it can help you grow as well.
Quality of Life in Amarillo
Amarillo is well connected to other parts of the state and nation by air and road and is host to a number of events and attractions in honour of the cowboy and Texas culture. Tri-State Fair & Rodeo takes place during the 3rd week of September and participants come all over from New Mexico, Oklahoma and Texas. If you want affordable living along with all the modern facilities and amenities, Amarillo would be the perfect choice. http://amarillo.gov/
Education in Amarillo
Raising your children in Amarillo is very easy since there are many options for child education. There are a total of 68 public schools, 11 private schools and 3 post-secondary schools with a teacher to student ratio of 1:14. This is 6.6% more than that of Texas. Public primary and secondary schools operate under Amarillo Independent School District and Canyon Independent School District.
Jobs and Business opportunities in Amarillo
Amarillo is considered to be the regional economic center of Texas Panhandle. Another reason why buying home in Amarillo is a good decision. The meat packing industry is one of the major employers in this region. The largest employer is Tyson Foods followed by Amarillo Independent School District. Agriculture also supports the economy to great extent. People relocating to Amarillo have numerous options for employments.
- Unemployment Rate: 11.2%
- Job growth in past 1 year: 0.91%
- Project job growth next 10 years: 30.62%
- Median income of household: $22,792
Facilities and local amenities in Amarillo
Amarillo is home to many recreational centers like Don Harrington Discovery Center, Route 66 Historic District, Big Texan Opry and there is an abundance of grocery stores, coffee shops, fitness centers, etc.
Amarillo is home to advanced medical facilities like Bivins Memorial Nursing Home, the Don & Sybil Harrington Cancer Center, etc which offer the best treatments for various kinds of ailments and illnesses.
Amarillo Crime Index
Number of criminal offences per 100k people in Amarillo is 4,802.
Property and Home value in Amarillo
The median home value in the city of Amarillo is 13% less than that of the Texas average
Affordable Home Loan Amarillo – Buy Home with Low Credit
If you are tired running from pillar to post in search of an affordable home loan, now it’s time to consider USDA home loans that offer 100% financing with zero down payments. Not only this, you will be offered a loan even if you have credit scores less than 640. USDA home loans in also provide the lowest interest rate and low mortgage insurance. Nowhere else can you find a loan program that has such lenient and flexible qualifying guidelines.
USDA loans are the most affordable and lenient loan program that has helped millions of people with poor credit scores buy their dream homes, now it’s your turn. Get in touch with USDA Home Loans to become a proud home owner – give us a call or drop us a message and our expert will get in touch with you.