USDA recently updated the 502 Guaranteed Housing loan program income limits. For those buyers that are unaware, unlike other government mortgage programs like FHA or VA, the USDA Rural Housing … [Read more...] about Updated 2017-2018 USDA Income Limits
USDA Program Updates
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?
August 2016 USDA Loan Updates
Below we will discuss all the important August 2016 USDA loan updates. Some great news for new home buyers regarding the USDA 502 Guarantee Program. First, the national average 30-year fixed home … [Read more...] about August 2016 USDA Loan Updates
USDA Interest Rates, Closing Times July 2016
Mortgage interest rates for USDA loans and other home loan programs have remained low this summer. Low as in...near historic low levels. Interest rates across the board are plummeting following … [Read more...] about USDA Interest Rates, Closing Times July 2016
Government Home Loan Rates May 2016
Below we have listed the latest Government home loan rates for May 2016. The programs include USDA Rural Housing, FHA and VA. Mortgage rates overall have dropped over the last month, reaching levels … [Read more...] about Government Home Loan Rates May 2016
USDA Guarantee Fee Reduction October 2016
Great news today from USDA Rural Housing in regards to the one-time upfront guarantee fee, and the annual (monthly PMI) fee. These USDA loan fees are going to reduced across the board starting … [Read more...] about USDA Guarantee Fee Reduction October 2016
Spring 2016 USDA Closing Turn Times
Great news, the spring 2016 USDA closing turn times are currently running 1-3 business days in Florida. Most of the other states are seeing similar turn times. This is big improvement over the past … [Read more...] about Spring 2016 USDA Closing Turn Times
2017 USDA Household Income Limits
Home buyers will find the 2017 USDA 502 household income limits for Florida below. Most of the other states in the U.S. are similar, please contact us to discuss the USDA rural housing income limits … [Read more...] about 2017 USDA Household Income Limits
September 2015 Interest Rates
September 2015 Interest Rates are starting the month lower when compared to last month. Mortgage interest rates across the board ( USDA Rural Development, FHA, VA home loans) are about .25% lower in … [Read more...] about September 2015 Interest Rates
USDA Guarantee Fee Increase October 2015
USDA Rural Housing announced today the new upfront guarantee fee and annual fee structure that will be effective for Single Family Housing Guaranteed Loan Program (SFHGLP) loans in fiscal year (FY) … [Read more...] about USDA Guarantee Fee Increase October 2015