Not all Florida borrowers meet the eligibility requirements for the USDA loan. Maybe you are looking to purchase a home in a more populated location like Tampa, Orlando, Miami that is not approved. Or … [Read more...] about FHA Mortgage Great Alternative
Orlando
USDA and FHA home mortgage differences
Below we have outlined some of the main differences between the FHA and USDA Rural housing home loans. 1. The key difference - USDA is the last remaining 100% home loan available in … [Read more...] about USDA and FHA home mortgage differences
Q&A – Florida USDA Loan and Cash Back?
Question: I was reading about the USDA program restrictions and it says 101% financing. Does this mean that we can receive 100% financing on the home we buy, then receive 1% cashback to pay off debts … [Read more...] about Q&A – Florida USDA Loan and Cash Back?
USDA home loan mortgage Orlando – improvements & appraised value
USDA home loan Orlando – improvements & appraised valueQuestion: I was reading that USDA will lend up to the appraised value of my new home. If I purchase the home for $110,000 and the … [Read more...] about USDA home loan mortgage Orlando – improvements & appraised value