USDA Loan Success: How a Family Bought a Home with 0% Down
- By Jim Blackburn
- on
Client Profile:
- Names: Damien & Krystal
- Ages: 40 & 38
- Occupations: HVAC technician & high school teacher
- Goal: Protect their home and children in case something happened
- Location: Columbia, SC
The Situation
Damien and Krystal had just closed on their dream home — a 4-bedroom in a quiet neighborhood, with a $475,000 mortgage.
During their post-closing planning session, we brought up a critical question:
“If either of you passed away, would the other be able to afford the mortgage on one income?”
Their answer: “Honestly… no.”
They had never purchased life insurance — thinking it was expensive, complicated, and maybe even unnecessary.
We showed them how term life insurance could change everything.
The Strategy
We ran a quick analysis to determine their ideal coverage amount:
- $475K mortgage balance
- $25K cushion for funeral, emergency savings, or final expenses
- Total policy need: ~$500,000
Damien was approved for a 20-year, $500,000 term life policy for just $32/month.
Krystal secured a similar policy for $29/month.
The Outcome
Now, if anything happens to either of them:
- The mortgage would be paid off
- The surviving spouse and kids would stay in the home
- There would be no scrambling, selling, or moving
- Their family’s future is protected — with peace of mind priced less than a streaming subscription
What Krystal Said
“I couldn’t believe we got that much protection for so little. We worked so hard to buy this home — and now we know we won’t lose it if something terrible happened.”
Takeaway for Readers
If you just bought a home, don’t stop at the keys. Term life insurance is one of the simplest and smartest moves you can make to protect your loved ones — and the roof over their heads.
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