Like all home loan programs, the USDA mortgage requirements have changed over the past few years. Keeping up with the all the recent mortgage program changes can be a challenge to say the least. The most notable USDA loan changes over the past few years has been related to credit /income requirements, funding fee, etc. In addition, the USDA – Rural Development property location eligibility (the property locations that currently quality for the program as Rural) will also be changing in the near future. Please click here for details about the upcoming changes regarding eligible USDA property locations. Many homebuyers will be without the last remaining 100% home loan option once the eligible USDA mortgage locations change in the fall. Florida locations that are currently USDA eligible around Orlando, Tampa, Jacksonville, etc will be greatly impacted by the change. Prepare now if you plan to purchase a home in the next 6 months and want to use the No Money down USDA home loan.
6/29/2011 – Please click here for important update –
Questions about the latest USDA / RD loan guidelines? For a quick response just submit the short information request form on the top right side of your screen >>>
You can also call us at 800-743-7556. Please be sure to check back often to read the latest USDA home loan program requirements and commonly asked questions.
Please take time to visit our main web site www.UsdaMortgageSource.com to view all the general 100% USDA home loan program requirements. Proudly serving all of Florida 7 days a week, including Manatee county, Sarasota County and Hardee county, USDA Mortgage Source is Florida’s leader in 100% USDA / Rural Development home loans.
Not located in a USDA rural location? Please click here to learn about the FHA home loan in Florida.
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