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usda rural housing loans: USDA Rural Development - 12/01/09 03:51 PM
USDA Rural Development is a fantastic avenue for to obtaining a mortgage in the United States.  Guaranteed Rural Housing Loans allow a home buyer to finance up to 102% of the appraised value, pay NO Private Mortgage Insurance (PMI), and have the lowest possible payment for a 30 year fixed rate mortgage!
USDA Rural Development Benefits:      
Loan-to-Value:  Can finance up to 102% of appraised value. Guarantee Fee:  One time fee of 2% of the loan amount.  It is usually financed. Cash to Close:  Very little or zero cash needed to close in most cases, no minimum contributions. Mortgage Insurance:  NONE … (0 comments)

usda rural housing loans: Northstar Mortgage Group - 11/09/09 12:16 PM
Northstar Mortgage Group provides home loans to borrowers that are looking to purchase residential property in the southeastern United States.  Justin Messer is a Xinnix certified Loan Officer with Northstar Mortgage Group.  He has also been designated the ActiveRain Georgia Confirmed Loan Officer.

At Northstar Mortgage Group, we provide all sorts of residential mortgages.  Peachtree City, Georgia real estate financing includes
USDA Rural Housing Loans (up to 102%) FHA 3.5% down Loans Conforming Loans (High credit scores) 30 year fixed rate loans 15 year fixed rate loans Fixed rate ARM's (currently in the 3's) Vacation home loans Jumbo home loans … (0 comments)

usda rural housing loans: USDA Rural Housing Loans are running out of money! Now what? - 10/22/09 04:25 PM
USDA Rural Housing Loans are running out of money!  Now what?
  The President has signed the Agriculture Appropriations Act for fiscal year (FY) 2010.  Since October 1, 2009 we have operated under a Continuing Resolution (CR) with carryover funds from FY 2009 and funds allocated under the CR.  Once the bill is signed into law a lapse of three to four weeks occurs before program levels receive funds under the bill from the Office of Management and Budget (OMB).   Due to a high demand for purchase funds, it is anticipated CR and FY 2009 carryover funds for PURCHASE transactions … (1 comments)

usda rural housing loans: USDA Rural Housing Loan - 10/16/09 11:43 AM
USDA Rural Housing Loans are the best way for an individual or family to build wealth, earn the first-home buyer tax credit, and have affordable payments!  Obviously, the real estate market has many great deals.  For those that have the money, there are so many opportunities.  So, are the wealthy the only ones that can afford to take advantage of all the fantastic deals out there. NO!  Typically, for an investor to purchase a property at a foreclosure sale, or at the court house steps, they must have cash on hand to purchase the foreclosed property.  Or, if an investor plans … (1 comments)

 


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