The new enhanced USDA Rural Development refinance 2012 is here for selected states including Florida! Interest rates are currently at all time lows, any homeowners with rates over 5.5% should defiantly take a look at the benefits. Upside down or “underwater” on your mortgage? No worries, the new USDA pilot program does not have any minimum equity requirements or even require a new appraisal. The best part is all the closing costs can be included in the new loan, no out of pocket costs to homeowners. The only key requirements is that the homeowner must have an existing USDA mortgage on their house and has paid their home loan on time for last 12 months and Keep in mind FL USDA income eligibility requirements do apply, the household can only make a certain amount of income as seen here.
Please call us with questions about the USDA Rural Development refinance program or just submit the quick info request form the right side of this page. Please also be sure to view the video here > USDA Pilot Refinance Program Florida
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