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rd: USDA income limits increase! - 04/23/09 05:35 PM
For a while the USDA has been mentioning that they were going to increase the income limits to the Guaranteed loan program. Not only was this exciting to hear but USDA also mentioned that the income limits were going to be grouped as 1-4 and 5-8 house hold size. This was even better because now an individual who makes the full amount as a 4 person household size can qualify. This is no rumor anymore. It has been done as of April 20th. To see what the incmoe limits are within your area CLICK HERE. If you want a little refresher on the USDA RD loan program go to the following blog.
Guaranteed 102% financing for Rual … (0 comments)

rd: Guaranteed 102% financing for Rual areas! - 10/20/08 10:19 PM
As of Friday October 17th, Funding for Rural Development's Single Family Housing Guaranteed Loan program is now available for fiscal year (FY) 2009. The Rural Development Guaranteed loan Program, or referred to as RD, is a guaranteed loan that is flexible to accommodate people who need 100% financing who are looking to purchase in a defined rural area.  RD assists thousands of families and individuals annually to become homeowners.
 







Here are the basics on how it works:
•·   Finance full purchase price plus closing costs up to 102% of appraised value.
•·   No … (1 comments)

 

Jose Delgado

Eugene, OR

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Opes Advisors, INC.

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