The Single Family Housing Guaranteed Loan Program (Rural Development) will be out of funds (money) by the end of April, 2010. Unless additional funding becomes available because of area deemed a disaster area from Hurricanes Katrina and Rita. Even these funds will be limited.
Rural Development loans are available for most areas North of I-12 in the Slidell area and most of Pearl River, Lacombe and Covington. If you are on the fence you need to make a decision. These loans are true 100% financing without any PMI payments.
Any one looking for Homes for Sale in Slidell or sorrounding areas can call the rural development office at 318-473-7910.
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