Each day we receive many questions regarding the USDA Rural Development mortgage. Below we have outlined some of the most frequently asked USDA rural housing loan questions for 2021. Have … [Read more...] about Frequently asked USDA RURAL Housing Loan questions
Florida USDA Loan
Do USDA Loans Require Mortgage Insurance?
We often receive questions regarding USDA loans and monthly mortgage insurance or "PMI" as this is commonly referred to. Monthly mortgage insurance is often required for loans when the down payment is … [Read more...] about Do USDA Loans Require Mortgage Insurance?
USDA Loans and Seller Concessions Closing Costs
The United States Department of Agriculture's home loan program is designed to help those wanting to live in a rural area. At first glance, one might think there really are very few areas where rural … [Read more...] about USDA Loans and Seller Concessions Closing Costs
Florida USDA Property Lookup and Income Calculation
USDA loans are unique because the program has eligibility requirements, in addition to normal mortgage qualifying standards. Most loans like Conventional, FHA, etc just require the borrower qualifies … [Read more...] about Florida USDA Property Lookup and Income Calculation
Florida USDA Loan Introduction
USDA loans have been around for quite a while, but still get little attention. That’s a shame because the USDA home loan program is perhaps the ideal option for those wanting to buy a home with no … [Read more...] about Florida USDA Loan Introduction
Gainesville Mortgage Programs With Minimum Down Payment
When buyers are getting ready to purchase a home, one of the first thoughts that comes to mind is the money needed for a down payment. Different loan programs have different down payment requirements … [Read more...] about Gainesville Mortgage Programs With Minimum Down Payment
Florida First Time Home Buyers – Six Month Plan
First time home buyers who dip their newbie toes in the mortgage waters might soon find out there's a lot more to know than originally thought. It is a brand new world with lots of new terms, people … [Read more...] about Florida First Time Home Buyers – Six Month Plan
100 USDA Home Financing Available in Florida
USDA still provides 100% financing home loans in many parts of Florida. Many homebuyers are surprised to learn exactly what locations are still considered rural eligible. There are even select … [Read more...] about 100 USDA Home Financing Available in Florida
USDA Income Limits Florida – Rural Housing Mortgage
Why choose USDA Rural Housing in Florida? 100% financing; NO downpayment – yes! It’s still possible in Florida. 30 year FIXED interest rate Flexible credit guidelines (620 min score) … [Read more...] about USDA Income Limits Florida – Rural Housing Mortgage
USDA home loan mortgage eligible locations in Florida
The USDA home loan program is limited to certain eligible areas deemed “rural” by the USDA/Rural Development. We frequently receive questions about the areas in Florida that are eligible for the … [Read more...] about USDA home loan mortgage eligible locations in Florida