rural housing loans: RURAL HOUSING LOANS WILL BE EXHAUSTED IN THE NEAR FUTURE- Loans Cannot Close or Fund Without a Conditional Commitment - 04/19/10 09:21 PM
CONGRESSIONALLY APPROPRIATED FUNDS TO GUARANTEE RURAL HOUSING LOANS WILL BE EXHAUSTED IN THE NEAR FUTURE- Loans Cannot Close or Fund Without a Conditional Commitment
USDA Rural Development has announced that Congressionally Appropriated funds to guarantee Rural Housing loans are likely to be exhausted in the near future. Rural Development will not issue Conditional Commitments once the funds are exhausted. Rural Development regulations prohibit lenders from closing and funding Rural Development loans without a valid Conditional Commitment.
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rural housing loans: NCHFA Announces 5.99% For First Time Homebuyers! - 07/07/08 02:35 PM
NCHFA Announces 5.99% for First Time HomeBuyers For a 30-year, fixed-rate conventional mortgage with a 90-day lock in! NO POINTS!For the longest time, the North Carolina Housing Finance Agency (NCHFA) was offering rates that were comparable to or in some cases greater than the then current market rates! In some cases they were up to ½ percent higher than a regular agency loan. It didn't take a mortgage expert to realize there was no value in the higher rate and the potential recapture to the borrower.
NCHFA has finally responded to the market and late June slashed their rates on all of their … (2 comments)
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rural housing loans: Tips for Home Buyers; Financing Solutions for Rural Area Homebuyers - 06/13/07 08:01 AM
City life is fine for some people, but your dream of home ownership involves clean air and quiet streets. Why wait for someday? Honor State Bank offers affordable loan programs that can help you buy a home in a country setting. If you're not sure you make enough income to qualify for home financing or have down payment concerns, talk to us.
Our Rural Home Financing and Guaranteed Rural Housing programs offer these advantages:
• no down payment and no monthly PMI
• Expanded qualifying guidelines
• Flexible credit considerations
• Money saving closing options
More Happy Endings Begin Here
You have a special picture of home in your mind. … (0 comments)
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rural housing loans: Financing Solutions for Rural Housing Loans - 06/07/07 08:22 PM
Financing Solutions for Rural Area Homebuyers
City life is fine for some people, but your dream of home ownership involves clean air and quiet streets. Why wait for someday? Honor State Bank offers affordable loan programs that can help you buy a home in a country setting. If you're not sure you make enough income to qualify for home financing or have down payment concerns, talk to us.
Our Rural Home Financing and Guaranteed Rural Housing programs offer these advantages:
• no down payment and no monthly PMI
• Expanded qualifying guidelines
• Flexible credit considerations
• Money saving closing options
More Happy Endings Begin Here
You have a special picture … (0 comments)
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