What are the benefits of RURAL HOUSING?
102% Financing
NO Mortgage Insurance
30-Year FIXED rate
NO loan limits
Closing costs can be financed
UNLIMITED SELLER CONTRIBUTIONS!
NO Reserves required!
CAN get up to their EMD money back at closing
What about repairs?
Repairs can be financed but must be escrowed 1.5 times the amount of repairs.
Must be completed before they issue the Guarantee
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