USDA Loan Rural Refinance- Homeowner Q&A: Below we have listed some of the commonly asked questions for the new USDA Loan Rural Refinance available in all 50 states. Do you have a question? … [Read more...] about USDA Loan Rural Refinance- Homeowner Q&A
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USDA Income Limits Florida – Rural Housing Mortgage
Why choose USDA Rural Housing in Florida? 100% financing; NO downpayment – yes! It’s still possible in Florida. 30 year FIXED interest rate Flexible credit guidelines (620 min score) … [Read more...] about USDA Income Limits Florida – Rural Housing Mortgage
Georgia First Time Home Buyer Program
Georgia first time home buyers still have beneficial home purchase options that don't require a down payment. Many buyers are still unaware that the USDA (United States Department of Agriculture) and … [Read more...] about Georgia First Time Home Buyer Program
Lake County USDA Loan Guide
USDA mortgages offer 100% financing in select locations around Florida. The good news is many parts of Lake County are still eligible for the USDA Rural housing. The USDA program continues to grow … [Read more...] about Lake County USDA Loan Guide
Do USDA Loans Require Mortgage Insurance?
We often receive questions regarding USDA loans and monthly mortgage insurance or "PMI" as this is commonly referred to. Monthly mortgage insurance is often required for loans when the down payment is … [Read more...] about Do USDA Loans Require Mortgage Insurance?
USDA Loans and Seller Concessions Closing Costs
The United States Department of Agriculture's home loan program is designed to help those wanting to live in a rural area. At first glance, one might think there really are very few areas where rural … [Read more...] about USDA Loans and Seller Concessions Closing Costs
USDA Loans – What’s the Good and Bad?
USDA loans are still a little known mortgage that many buyers still are not aware of. This government-backed home loan offers up to 100% financing for eligible properties nationwide. The USDA Rural … [Read more...] about USDA Loans – What’s the Good and Bad?
FHA 203K Loan For Florida Residents
Did you know that has a special FHA 203k renovation or “rehab” mortgage that provides financing for both the purchase and eligible repairs of a home? This program is fantastic for Florida buyers that … [Read more...] about FHA 203K Loan For Florida Residents
Florida USDA Loan Introduction
USDA loans have been around for quite a while, but still get little attention. That’s a shame because the USDA home loan program is perhaps the ideal option for those wanting to buy a home with no … [Read more...] about Florida USDA Loan Introduction
HomeReady and HomePossible Mortgage Explained
Today, FHA loans are the top mortgage for most first time buyers. This is primarily due to the low down payment required of just 3.5 percent of the sales price. In addition, there are no restrictions … [Read more...] about HomeReady and HomePossible Mortgage Explained