Special offer

USDA funding back in place with new rules: Sandpoint Real Estate Blog

By
Services for Real Estate Pros

FYI USDA is back though the funding fee has gone up to 3.5%. Still 100% no MI.

To learn more about USDA and Rural Development, visit their website: http://www.rurdev.usda.gov/Home.html

 

Ray Shaver
509-990-3828
FPF

Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

I think a lot of folks are glad to see the return of this program.

Jun 04, 2010 04:21 PM
Chad and Sandy Neumann
Chad and Sandy Real Estate Group - Jacksonville, FL
Jacksonville Realtor (904-414-6200)

I'm hearing rumors that this has run out again...? I have also heard rumors that if a buyer already has a mortgage on a home that is upside down that they won't qualify. Is this true??

I've read the USDA website but can't find updated information. Can you point me in the right direction?

Thanks for any help,

Sandy

Jun 20, 2010 12:18 PM