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Monthly Archives: March 2011
USDA /Rural Housing Loan Mortgage Program – $0 Down Payment
That’s right, the USDA home loan program is the only remaining 100% home loan for Florida civilians. Please visit our main web site at www.UsdaMortgageSource.com to learn more about the benefits of 100% USDA / RD home loans here in … Continue reading
Posted in General USDA Information
Tagged 0 down payment, Florida, no money down, rural, usda home loan, usda mortgage
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USDA Mortgage Financing- costs going up
The USDA /Rural Development announced starting October 1st, 2011, they will begin collecting a monthly mortgage insurance premium of .3% on all new USDA home loans. However, the up front (one-time) mortgage insurance cost will be reduced from 3.5% to … Continue reading
Posted in General USDA Information
Tagged Florida, mortgage insurance, PMI, rural loan, USDA Financing
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