sumter county: USDA MORTGAGES,HERNANDO,SUMTER,CITRUS COUNTY,100%FINANCING,NO MONEY DOWN LOANS,
- 07/15/11 05:51 AM
USDA loans are a fantastic way to purchase a home with no money down and 100$ financing. They allow low and moderate income borrowers to purchase modestly priced housing for their own as their primary residence. USDA loans have a funding fee much like VA loans which can rolled into the mortgage. FHA loans have an upfront morgage insurance premium of 1% but they also have a montly insurance premium which is 1.15% of the loan amount. With USDA you can buy a home with NO MONEY DOWN and have lower monthly morgage payments than with a FHA loan with a 3.5% down payment. Please look at sample (0 comments)