For those of you wanting to buy a home and do not have 3.5% down to obtain a mortgage loan. Depending where the home is located, you may be able to obtain 100% mortgage loan through USDA. The USDA will not loan on homes located in city limits, but if you provide the address of the home your interested in, I can tell you if it is eligible for a USDA loan. Other qualifications for 100% USDA mortgage financing are max income limits and the number of people in household. Let me know if your interested and I can send more info.

 

Angela Lawrence - Broker/Owner/REALTOR
North Carolina Homes Realty
Website: Greensboro Real Estate - Winston Salem Real Estate - High Point Real Estate
Office: 336-293-7022

Fax: 866-233-4314

Email: nchomes2@gmail.com
SELLERS - Low Commission Options - Full Service and $399 MLS Flat Fee Listing Plan for FSBO sellers.
Serving the Piedmont Triad Area since 2001!

 

1 Comments on Possible 100% mortgage loan financing

APR
28
2009
I am curious to know more about this USDA loan - I have read some info about it and I know that it says that the home needs to be in a rural area, the interest rate is set by whichever lender I use and that the house must be modest in size. I am curious for more info in general, but particularly what they consider to be "modest". I have not decided for sure about buying a home yet or not, but am just trying to look into all my options because I definitely need 100% financing. You can email me at darcie2285@yahoo.com. Thanks!
Darcie Boger
12:48pm • #1

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Angie Rainmaker_large

Angela Lawrence - Realtor/Owner - Greensboro - Winston Salem -High Point

Winston-Salem, NC

More about me…

North Carolina Homes Realty

Office Phone: (336) 293-7022

Email Me

Low Commission Options - $399 MLS Flat Fee Listing Plan for FSBO sellers and 3.0% - 3.9% Full Service Plan. General real estate, regional news and events about the Piedmont Triad North Carolina which includes Greensboro, Winston Salem, High Point, Kernersville, High Rock Lake, Oak Ridge, Summerfield, Clemmons, Advance, King, Jamestown, Mocksville, Asheboro, Lexington, Archdale, Trinity and all surrounding towns.


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