Question:I’m interested in the USDA home loan. However, I’m not sure if my area around Gainesville is eligible. I heard that USDA/Rural loans are only for framers or people way out in the country? … [Read more...] about USDA loans only for farms or properties way out in the country?
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USDA home loan mortgage insurance ?
QUESTION:Does rural devolvement USDA require PMI or monthly mortgage insurance payments?Thanks,D. Tanner / Fort Meyers, FLANSWER:USDA home loans have only a one-time upfront … [Read more...] about USDA home loan mortgage insurance ?
Credit scores required for USDA/RD home loans?
QUESTION: I have had a few credit bumps in the past. Can you please tell me what the current credit score requirement is with USDA home loans? S.Dison / Tampa, FLANSWER:In general, the current … [Read more...] about Credit scores required for USDA/RD home loans?
Still paying rent? USDA Rural Housing Mortgage Loan
Becoming a homeowner may be easier than you think with a USDA /Rural Housing loan. With the newly affordable home prices in Florida and low interest rates, the dream of homeownership may be CHEAPER … [Read more...] about Still paying rent? USDA Rural Housing Mortgage Loan
USDA Closing costs, Rural Housing, Rural Development
QUESTION:I have a very limited of cash available to pay my closing costs. Can the closing costs be included in my USDA loan?Thanks!F. Kearns / Sarasota, FLANSWER:Thank you for your question. … [Read more...] about USDA Closing costs, Rural Housing, Rural Development
Q&A – Terms of USDA Home Loan Mortgage?
QUESTION:What are the terms and interest rates of a Florida USDA home loan?D.Jeffries / Pensacola, FLANSWER:Thank you for your question. The USDA home loan is a basic 30 year fix … [Read more...] about Q&A – Terms of USDA Home Loan Mortgage?
100% mortgage home loan? Only USDA Rural Housing
100% home financing is hard to find these days, especially in Florida. There are only a few options left – VA and USDA home loans. USDA is the only option left for (non-military) citizens in … [Read more...] about 100% mortgage home loan? Only USDA Rural Housing
Realtor- Florida USDA Home Loan Mortgage
USDA Mortgage Source works closely with many great realtors around the state of Florida - Tampa, Orlando, Jacksonville, Tallahassee, Ocala, Gainesville and everwhere in between.Our partnering … [Read more...] about Realtor- Florida USDA Home Loan Mortgage
USDA Rural Development Home Loan Mortgage Funding.
UPDATE- The USDA has new funds and is funding/closing as normal. The new changes will prevent the program funds from running out in the future. This is great news, please pass along.Please visit … [Read more...] about USDA Rural Development Home Loan Mortgage Funding.
Q&A – USDA homes only, or any home?
QUESTION:Hello,Does the USDA only lend on homes that are owned by USDA? Or can I purchase any home? I’m looking for my first home in the Lakeland area, your response would be greatly … [Read more...] about Q&A – USDA homes only, or any home?