Sarasota home buyers have very choices for 100% financing in 2024. USDA Rural Development remains a great choice for first time buyers around Sarasota, Fruitville, Osprey, Laurel and Venice. USDA home loans offer no money down, low 30 year fixed rate terms, and flexible qualifying criteria for eligible applicants.
USDA mortgages can be used for any move-in condition single family home, regardless of the seller. Townhomes and select condos are also ok. The only real criteria is the home must be located in a rural approved location according to the USDA eligibility map. A good rule of thumb, any houses located east of I-75 from Sarasota down the Venice are likley still in an eligible location.
USDA loans also offering flexibility with regard to closing costs. The program allows the home sellers to pay the buyers closing costs, or the closing costs can be included (rolled into) the borrower’s loan given a high enough appraisal. No other loan program offers this kind of flexibility. With this buyers can move into their dream home with little to no money out of pocket.
The best part is qualifying for the Government-backed USDA rural program can be done in under 30 minutes. There is no special grant, schooling or class, just contact us below to get started today. We are open 7 days a week!
USDA Mortgage Source is happy to service all of Sarasota, Manatee, DeSoto, Charlotte and Lee County 7 days week. Reach out to us by submitting the short Info Request Form on this page. Feel free to also call us at ph: 800-743-7556
No Money Down Home Sarasota