Just some of the highlights of 100% Rural Housing mortgages in Florida --
Rural Housing /USDA Loans require NO money down – up to 103.5% financing.
Rural Housing /USDA loans have NO monthly mortgage insurance costs (PMI) like other loans.
Closing costs can often be included or rolled into your loan with the Florida Rural Housing program.
There is NO maximum loan amount with Florida Rural Housing. Your loan amount is set based your income and debts
You do NOT need assets to qualify for the Florida USDA Rural Housing Program.
Qualifying for a Rural Housing USDA loan with lower credit scores is possible. *Current min required credit score is 640*
USDA Rural Housing Mortgages are secure 30-year fixed terms at low market interest rates.
USDA Rural Housing home loans are for ANY new & existing single family residence located in a USDA eligible area. Home being purchased can be a regular sale, short sale, foreclosure home, etc
100% USDA home loan financing is perfect especially for Florida first time home buyers.
Questions? Let our Florida USDA /Rural Development mortgage experts help. Please visit www.UsdaMortgageSource.com or call (904) 302-6060 for all the latest Rural Housing program requirements. USDA Mortgage Source services all of Florida (Pensacola FL, Gulf Shores FL, Crestview FL, Niceville FL, Fort Walton Beach FL) 7 days a week