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?
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
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
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.
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?
Welcome to the USDA Mortgage Source Blog. Please visit often as we will be updating each week with new USDA home loan information. We will also be posting common questions and answers from … [Read more...] about Welcome to the new USDA Mortgage Source Blog