USDA Home Loans are perfect for Florida first time home owners. The USDA Rural Housing loan program requires a zero down payment with fixed rate mortgage terms. This is perfect for Florida first time home buyers that want to purchase a home, but do not have the large down payment required by most home loan programs in Florida. So if you are a first time home buyer in Florida looking to purchase a home, don’t let a large down payment requirement hold you back. The USDA loan program does have certain eligibility and loan qualifying requirements. You can learn all (0 comments)
The Government backed USDA /Rural Housing loan is one of the last the remaining 100% NO money down home loan available in Florida. Unless you are past or present military (and have VA loan eligibility) the USDA /Rural Development mortgage is the ONLY 100% home loan available in Florida. So what type of homebuyer is a good candidate for the USDA loan? 1. Any Florida prospective home buyer that wants to purchase a home, but may not want to put down (or have) the large down payment required by most loan programs in Florida. First time buyers – USDA is (0 comments)