Find out how much home you can afford before you shop!

Increase your negotiating power by contacting us to prequalify for a teacher loan now.

Who qualifies for the teacher home loan?

Any full time employee at the primary, secondary or university level. This includes teachers, professors, administrators, librarians, counselors, administrative support and custodial staff.

In addition, part time teachers are also eligible as long as the applicant has regularly scheduled hours and the position is the primary source of income.

Please note that unfortunately, the Teacher Loan does not exist with the same terms and conditions as it did in 2008. We regret this fact, but will do everything in our power to secure the lowest rates and best terms available today.

Can I get a loan in conjunction with the Teacher Next Door Program?

Of course! In addition to getting 50% off the price of your home, as a teacher you are eligible to get preferred rates on the mortgage for that home. The teacher mortgage/teacher next door program combo is very powerful.

Is buying in HUD specified areas a requirement?

No. You may receive a large discount for buying in certain areas, but there are teacher mortgages that allow you to buy the home you desire in any location. However, if you are participating in the Teacher Next Door program, you will be restricted to specific areas dictated by HUD.

Do no money down loans really still exist?

Unfortunately at this time, the no money down teacher loan does not exist. This is due to banks tightening up their lending guidelines.

Will I have to pay private mortgage insurance (PMI)?

Unfortunately, you probably will be required to pay PMI. This is a major change in the program, due to banks changing their lending guidelines. Please contact us for more information.

How do teacher mortgage rates compare to conventional mortgages?

Rates are very competitive - in almost all cases, our lenders are able to beat local and national mortgage rates. We suggest you talk to a few lenders before settling on a mortgage partner, but we are confident you will not find lower rates anywhere else.

There are many mortgage programs available, so why not let us study your situation and offer a few different options? Our lenders are experts at getting the best rates, and perhaps there is another program fits your situation better than the teacher home loan.

Why Teacher Loan USA?

Because you can rest assured that in addition to getting the best rates and lowest closing costs, there are no hidden fees or surprises at closing. Many lenders bait prospective buyers with "teaser" rates and add in small fees at closing when it's too late to back out. Under no circumstances will this happen with Teacher Loan USA.

In addition, our friendly loan partners live for helping teachers and will walk you through every last minute detail with the utmost patience.

Once you are in contact with a lender and get the application form, it usually takes around 20 minutes to complete.

After they receive and review your information, you will usually have an answer within 48 hours. We aim to make the application process as pain-free as possible, simply because we know you are busy. The easier and less stressful we make it, the happier our customers are.