Home : Blogs : Kent Simpson REALTOR® and some other alphabet soup : TucsonKent's World: Tucson Real Estate Blog

USDA Rural Development Loan Property Eligibility Site

My friend & colleague, Paul Dunn, is a big proponent of the USDA Rural Development Loan program - and is quite knowledgeable about it. USDA Loan Program Can Save You A TON Of Cash!

In this day and age, finding a true zero-down loan is going the way of the albatross, but this loan program offers 100% financing...as long as the property is eligible. You can even buy a new home in Tucson with it! Okay, in the Tucson Metro, not right in town...but the whole towns of Vail, Sahuarita, Green Valley, most of Marana and lots of other areas qualify for this loan.

Rural Development Logo Here is the website to see whether the property you are considering is in an eligible area: USDA Property Eligibility Site Just click on the appropriate link in the left column, accept the terms of use and plug in the address. Yes, it is that simple!

This should help folks to determine whether the property in question can be financed with this particular loan package.

Good luck & Good Hunting!

Specializing in Buyer Representation in the Tucson, Arizona real estate market.

"Never forget - Real Estate Is About People"

Posted by Kent Simpson REALTOR® and some other alphabet soup on 08/18/2008 11:10 PM

Comments (7)

USDA Rural Housing Loan - Arizona in the Mortgage / Finance Channel

usda rural development loan, zerodown loans, 100 financing, tucson new homes, vail arizona new homes, green valley, marana arizona new homes

Originally posted at: Tucson Kent's World: USDA Rural Development Loan Property Eligibility Site

This post has been included in Arizona Information Pima County, AZ Information
Post is included in group: The Lounge at Active Rain
Post is included in group: Realtors Needing the services of the Lending Powers
Post is included in group: Realtors®
Post is included in group: Local Expert
Post is included in group: Equine and Rural Issues and Answers

7 Comments on USDA Rural Development Loan Property Eligibility Site

AUG

2008

Kent- You're loaded with excellent resources these days... another one to bookmark.

Kent,

Good Post. This is a product that not that many agents are aware of. This program is perfect for areas on the outskirts of town like Eagle Crest or Black Horse Ranch that while they are rural, they still have an urban feel.

Great post! Thanks for reminding us to go back to the basics and to think outside the box at the same time!

AUG

2008

Hey Kent, thanks for the press! I have maps up on the site also for Tucson and Casa Grande. If you are in Tucson, just on the north side of Tangerine qualifies! Amazing!

Cheers,
Paul Dunn

Chuck - thanks for being the first to comment! You find some pretty good stuff, yourself, Mister.

Patrick - exactly! A property doesn't have to be "out in the sticks" to classify as Rural.

Jane - thanks for the kind words.

Paul - your maps are great tools. Thanks for sharing with everyone.

AUG

2008

This is one of the best loan programs out there... and, as you point out, it's surprising how large the footprint is for these homes. They're in some of the sweet spots of the market.

It is surprising, Chuck. Something I found curious is that the maps seem more favorable in our area than they do for where my parents have their farm in Las Cruces!

Leave a response…

Name:

Email:
(optional)

Comment:

What does the graphic say?