Real estate blog entries tagged with usda by Lakewood Lending Group, LLC (NMLS#132141)

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Home : Blogs : Jeremiah Wean (NMLS#132221) : Indiana USDA Home Loan Professional : Tag "usda"

usda: The Benefits of a USDA Guaranteed Loan to Purchase a Home - 11/16/09 12:27 PM

U.S. Department of Agriculture Home Loan Benefits There are a number of benefits of using a USDA guaranteed loan to purchase your rural home, including: · Borrowers can finance up to 100% of the appraised home value, and are not required to put a down payment on the home. The USDA guaranteed mortgage program is one of the few 100% financing options for home loans available. · Borrowers can receive gifts or grants and use it toward closing costs. · The US government guaranty's the loans which means lenders can offer lower interest rates on 30 year fixed home loans. … (2 comments)

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Jeremiah Wean (NMLS#132221)

Indianapolis, IN

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