Question: I was reading about the USDA program restrictions and it says 101% financing. Does this mean that we can receive 100% financing on the home we buy, then receive 1% cashback to pay off debts … [Read more...] about Q&A – Florida USDA Loan and Cash Back?
USDA Homebuyer Q&A
Loan Approval & Application- USDA Rural Housing Mortgage
We have received many questions recently about the process of applying for a USDA Home Loan in Florida. What is the loan application process for Rural Development /USDA, how long does it take? … [Read more...] about Loan Approval & Application- USDA Rural Housing Mortgage
USDA Home Loan Mortgage- Important home buyer reminders
In this post we are going to outline 3 big do’s and don’ts to remember while going through the USDA home buying process in Florida. The items outlined below actually apply to all home loans (FHA Home … [Read more...] about USDA Home Loan Mortgage- Important home buyer reminders
USDA home loan mortgage Orlando – improvements & appraised value
USDA home loan Orlando – improvements & appraised valueQuestion: I was reading that USDA will lend up to the appraised value of my new home. If I purchase the home for $110,000 and the … [Read more...] about USDA home loan mortgage Orlando – improvements & appraised value
USDA Home Loan Mortgage Program – Tampa Hillsborough
Question: I would like know what the USDA eligible zones are currently around Tampa,FL. Where should I look to purchase a home? I would like to use the 100% USDA loan if possible.Thanks you for your … [Read more...] about USDA Home Loan Mortgage Program – Tampa Hillsborough
Why should homebuyers choose USDA ?
Why should new Florida homebuyers choose the USDA / Rural Development mortgage? Below we have outlined some key reasons - USDA home loan require NO down payment , the only 100% home loan for … [Read more...] about Why should homebuyers choose USDA ?
Difference between USDA home loan mortgage pre qualified and pre approved
This is a subject we have touch on in the past and many people still ask what is the difference? Many prospective homeowners hear these different mortgage terms (prequalified, preapproved, credit … [Read more...] about Difference between USDA home loan mortgage pre qualified and pre approved
USDA home loan mortgage amount – max
QUESITON: Does USDA have loan limits in each county like FHA, etc? I’m looking to purchase my first home in Ocala / Marion County Florida. Any information would be helpful.J. Barry - Ocala, … [Read more...] about USDA home loan mortgage amount – max
Q&A – Who is eligible for a USDA home loan?
QUESTION: How do I find out all the USDA eligibility requirements and if I’m eligible to get a USDA mortgage?Sincerely – F. Polk / Clermont, FLANSWER: With USDA / Rural Development home loan … [Read more...] about Q&A – Who is eligible for a USDA home loan?
How long to close a USDA loan home mortgage? Revisted
QUESTION: I was wondering how long the USDA closing process takes here in Florida. I heard it takes longer when compared to FHA or conventional loans.Thank you - V. Hatfield / Ocala, … [Read more...] about How long to close a USDA loan home mortgage? Revisted