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Monthly Archives: February 2012
New USDA Refinance Program – Relief for Homeowners
The new United States Department of Agriculture (USDA) pilot refinance home loan program could help tens of thousands of rural homeowners in 19 states. The new refinance program, which was first announced Feb. 1, allows “underwater” or “upside down” homeowners … Continue reading
Q&A – USDA home loan property type
Question: I have completed my USDA application and have my loan preapproval. I want to purchase my first home in the next few months. Does the home I purchase have to be approved by USDA first – what type of … Continue reading
What exactly is a USDA Rural Home Loan?
Still today many Florida homebuyers have never heard of the USDA home loan. When the housing boom was going on back 5 years ago there were many options for homebuyers to get 100% mortgage financing….. oh how things have changed. … Continue reading