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no money down: Using USDA mortgages in New London County, Connecticut to get your $8000 tax credit - 08/21/09 10:30 AM
102 days.
That's all the time that is left to take advantage of the unprecendented opportunity the first-time homebuyer tax credit represents. With that in mind, it's more important than ever to understand the expectations one should have going into the home buying process, especially when using government financing programs, such as the USDA Guaranteed Rural Housing program. This program is perfect for home buyers whose income has prevented them from saving for a big down payment, however, if you aren't adequately prepared starting the process, you may be unable to close on time. The program provides 100% financing for homes … (0 comments)

no money down: Realtors – Want to Make the Most of USDA Financing for Your Listings? Follow these Easy Steps - 09/16/08 04:52 PM
The most active segment of the housing market today is the 
first-time homebuyer living in a rental, hoping to purchase a primary residence.  This group is at a huge advantage to any other for a number of reasons:
No home to sell - In today's slower market, moving up into a new home can be a huge hindrance.  First-time homebuyers don't have that problem. Special financing programs - In addition to USDA financing, there are other first-time homebuyer programs offered on the state and local level.  Many can even be used together.  Tax credit - First-time homebuyers may receive a $7500 … (7 comments)

no money down: Seven Reasons USDA Mortgages are HOT Today - 09/16/08 01:17 PM
I've been hearing a lot more about the USDA Guaranteed Rural Housing mortgage program lately.  I've been seeing a significant increase in buyer interest in this program, too.  With the current, (albeit, likely temporary) suspension of seller-funded down payment assistance programs, the USDA GRH program is ideal both for sellers and buyers.  Here are just a few of the opportunities presented by this program:
Same great rates as FHA mortgage - FHA loans are currently pricing around 6.0% and edging lower.  We can offer the same rate on USDA GRH loans.  100% financing, 102% financing, even more! - USDA always allows … (0 comments)

 

Dan Hartman

Providence, RI

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Province Mortgage Associates - (401) 263-8655

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Dan Hartman's Blog about mortgages, real estate, and the economy in New England, and the United States, especially Rhode Island Rates, Connecticut Mortgages, Massachusetts Rate Locks, and New Hampshire Home Sales. Let Dan leverage his MBA in Finance and experience as a college professor for you! Locations of visitors to this page Site Meter


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