Dover is still closing and funding 100% USDA loans! Most people who've heard of the USDA loan program think that it´s strictly limited to highly rural areas, but in fact, it´s available in many locations that are commonly thought of as much more suburban. With the program available in most areas of Iredell, Rowan,Cabarrus, Catawba and other Rural Counties, it´s definitely in your best interest to learn more about it. The USDA guaranteed home loan program is a fantastic opportunity that makes it easier for moderate income families to afford their own home. Dover offers this program in NC, SC, VA & TN. The benefits include: • No Down Payment. •No Mortgage Insurance. •No Cash Reserve Requirement. •No seller contribution limit. •No prepayment penalty or recapture •Competitive 30 Year fixed rate •Common sense underwriting •SFR, Townhome/Condo, Modular & Manufactured Eligibility requirements: To be eligible for the program, the home must be a primary residence and in an eligible area. The borrower must be a US citizen and cannot currently own a home. There are income limits which vary per county and number of household residents. To determine whether you meet the location and income requirements, contact your Dover loan officer