We have received many questions regarding the terms of USDA home loans. 100% USDA mortgage terms are very basic – 30 year fix rate. USDA does not offer adjustable rate terms (ARM) In addition, the USDA homebuyer will be required to pay a 2% funding fee that is rolled in ( financed) into their loan. Please click the highlighted link the the right to read about the latest 2015 USDA Guarantee fee info.
Serving all of Florida, including Collier and Lee county (Naples , Pelican Bay , Golden Gate , Bonita Springs, Fort Myers) USDA Mortgage Source is Florida’s leading resource for 100% USDA home financing. Please visit our web site at www.UsdaMortgageSource.com or call us at 800-743-7556 for more information. We are available to assist you 7 days a week. 2015