There are many advantages of the USDA 100% Guaranteed Rural Housing Home Loan.

Here are a few:

No down payment; a true 100% loan product.

No cash reserves required.

Generous income limits.

Very low monthly mortgage insurance.

No purchase limits.

Sellers may pay all closing costs.

Gift funds are allowed.

Very low interest rates.

Thirty year fixed rate term.

Repairs may be financed up to 100% of the appraised value or "as improved" value.

Not just for first time home buyers.

 

JoAnn Moore

 
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2 Comments on What are the Advantages of USDA Home Loans?

JUN
09
518,447 Points Outside Blog Called Shot Master

I will have to check into this in our area and see where it applies.
11:24am • #1
874,818 Points Outside Blog Called Shot Master

JoAnn - Thank you for sharing detailed quality information on what are the advantages of USDA home loans.
3:07pm • #2

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JoAnn Moore Home Loans in Delaware

Georgetown, DE

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The Mortgage Market of Delaware

Address: Mortgage broker, home loans, USDA, VA, , Conventional, Construction loans, FHA, Georgetown, DE, 19947

Office Phone: (302) 855-1306

Cell Phone: (302) 236-1229

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