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?
Do you have questions about 100% no down payment USDA / Rural Development financing? We have local USDA experts available 7 days week to help. You can call 800-743-7556 or visit our home page at … [Read more...] about USDA Mortgage Source – experts available 7 days a week to help.
QUESTION: I was wondering what the max loan amount limit is with USDA in Florida. I know FHA and some other loans have loan limit caps in place, not sure about USDA loans Regards, J. Johnston - … [Read more...] about USDA /Rural Development Mortgage Loan limits
QUESTION: I know that interest rates have come down a lot recently. I was wondering if I could use the USDA loan to refinance my house in Ocala. thank you - R. Perry / Ocala, FL ANSWER: UPDATE - … [Read more...] about USDA home loan mortgage refinance
QUESTION: Does rural devolvement USDA require PMI or monthly mortgage insurance payments? Thanks, D. Tanner / Fort Meyers, FL ANSWER: USDA home loans have only a one-time upfront premium of 3.5% … [Read more...] about USDA home loan mortgage insurance ?
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, FL ANSWER: In general, the current … [Read more...] about Credit scores required for USDA/RD home loans?
Becoming a home owner 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 home ownership may be CHEAPER … [Read more...] about Still paying rent? USDA Rural Housing Mortgage Loan
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, FL ANSWER: Thank you for your question. … [Read more...] about USDA Closing costs, Rural Housing, Rural Development
QUESTION: What are the current income restrictions for USDA home loans in Florida? H.Clark / Naples, FL ANSWER: Update information about FL USDA income limits for 2014- 2015 can be found here … [Read more...] about USDA Mortgage Home Loan income limits?
QUESTION: What are the terms and interest rates of a Florida USDA home loan? D.Jeffries / Pensacola, FL ANSWER: 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?