We receive many questions from USDA home buyers wanting to know how long the USDA closing process takes? As of 2022, Florida USDA loans are currently taking about 30-40 days to close from … [Read more...] about USDA Closing Review Turn Times
USDA Program Updates
2022 USDA Rural Housing Loan Requirements Florida
Below we have outlined the general 100% USDA Rural Development home loan requirements for 2022. Please read below for the basic USDA Rural mortgage guidelines here in Florida and contact us at … [Read more...] about 2022 USDA Rural Housing Loan Requirements Florida
2022 USDA Closing Turn Times
Great news, 2022 USDA closing turn-times are currently running 1-7 business days for most states. This is a big improvement over the past where USDA Rural Housing times could take 2 weeks + in more … [Read more...] about 2022 USDA Closing Turn Times
USDA Rural Housing Income Limits 2022
Great news for homebuyers, USDA Rural Housing announced the new income limits for the USDA 502 Guaranteed Rural Housing loan program. The new income limits started in May 2021 and will carry into the … [Read more...] about USDA Rural Housing Income Limits 2022
USDA-Rural Housing Loan Limits 2022
USDA Rural Housing loan limits mirror the conforming loan limits set each year by FAFA. These mortgage limits are based on property location (state & county) For 2022, most of the U.S. has a limit … [Read more...] about USDA-Rural Housing Loan Limits 2022
USDA Loans – What’s the Good and Bad?
USDA loans are still a little known mortgage that many buyers still are not aware of. This government-backed home loan offers up to 100% financing for eligible properties nationwide. The USDA Rural … [Read more...] about USDA Loans – What’s the Good and Bad?
USDA Rural Housing Income Limit Increase 2020
*Please find the newly updated USDA income limits here. USDA Rural Housing announced the annual household income limits for the Single Family Housing 502 Guaranteed Loan Program were recently … [Read more...] about USDA Rural Housing Income Limit Increase 2020
USDA Eligible & Approved Housing Map Changes
Florida home buyers utilizing the USDA Rural Housing program should take note of new changes coming to the approved, eligible housing map. USDA loans offer qualified home buyers 100% mortgage … [Read more...] about USDA Eligible & Approved Housing Map Changes
The USDA Home Loan Program-Is It Right for You?
For buyers wanting to finance a home with as little cash as possible have an option that unfortunately not too many take advantage of. The United States Department of Agriculture, or USDA, offers a … [Read more...] about The USDA Home Loan Program-Is It Right for You?
USDA Loan Updates
Below we will discuss all the important USDA loan updates. Some great news for new home buyers regarding the USDA 502 Guarantee Program. First, the national average 30-year fixed home mortgage … [Read more...] about USDA Loan Updates