I am so pleased with the entire process of buying our house. Eddie and I never thought it was still possible to get a 100% home loan in Florida. Thankfully a co worker told me about the USDA home … [Read more...] about What do new homeowners have to say about the 100% USDA Mortgage ?
Florida
USDA /Rural Housing Loan Mortgage Program – $0 Down Payment
That’s right, the USDA home loan program is the only remaining 100% home loan for Florida civilians. Please visit our main web site at www.UsdaMortgageSource.com to learn more about the benefits of … [Read more...] about USDA /Rural Housing Loan Mortgage Program – $0 Down Payment
USDA Mortgage Financing- costs going up
The USDA /Rural Development announced starting October 1st, 2011, they will begin collecting a monthly mortgage insurance premium of .3% on all new USDA home loans. However, the up front (one-time) … [Read more...] about USDA Mortgage Financing- costs going up
Appraisal process with USDA loans…one more benefit
So what is the story regarding the appraisal process and USDA loans? USDA loans are not required to go through all the new HVCC appraisal policy as Conventional / FHA loans today. There is no … [Read more...] about Appraisal process with USDA loans…one more benefit
100% USDA home loan and swimming pools – some clarification
Many assume that swimming pools are not permitted under the USDA 502 guarantee program. Even more buyers/agents may not even be aware that pools can be an issue at all, here is some clarification … [Read more...] about 100% USDA home loan and swimming pools – some clarification
Upcoming FHA mortgage insurance increase makes USDA that much more better
The Federal Housing Administration announced that it will be increasing its annual mortgage insurance premium one quarter of one point on all 15-year and 30-year mortgages backed starting April … [Read more...] about Upcoming FHA mortgage insurance increase makes USDA that much more better
Q&A – Who is eligible for a USDA home loan?
QUESTION: How do I find out all the USDA eligibility requirements and if I’m eligible to get a USDA mortgage?Sincerely – F. Polk / Clermont, FLANSWER: With USDA / Rural Development home loan … [Read more...] about Q&A – Who is eligible for a USDA home loan?
Changing employers ok? USDA Mortgage Florida
Question:I have been a nurse for 10 years now and working at the same hospital the entire time. I recently left to go work at a new hospital but I first took 3 weeks off. I have heard that … [Read more...] about Changing employers ok? USDA Mortgage Florida
Escrows required with USDA loan mortgage?
Question: Does USDA require that I include my monthly taxes and home owners insurance in my mortgage payment each month?T. Duval – Kissimmee, FlAnswer:USDA home loans (like all Government … [Read more...] about Escrows required with USDA loan mortgage?
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