Looking for 100% Financing?
What Types of Homes Qualify for USDA 100% Financing?
There aren't many 100% financing opportunities left!
A USDA Rural Loan may help you purchase a home with
no money down.
Wondering what kinds of homes might qualify for this kind of financing?
USDA financing is not just for farms!
custom home on 1.5 wooded acres just northwest of and Pittsboro 25 minutes from qualifies for 100% financing through the USDA Rural Loan program. Chapel Hill
Here's the financial details, using the USDA 100% Financing Program:
Sales Price $272900
Funding Fee (mortgage insurance) 2% $5458
Total Loan Amount (Fee plus Sales Price) $278358
P&I (at 6.25%) $1714
Taxes and Insurance (est) $230
Total PITI $1944 No downpayment!
No Origination Fee - reduced appraisal and attorney fees!
Maximum Income for a family of 4 is $82000 in Chatham County (under the Durham MSA). Not all lenders are approved with the USDA program. Make sure to work with a lender who has expertise with USDA loans!
About This Home: 640 Rebecca Lane in Cattail Creek
Site finished in Hardwood Floors Formal Dining and Family Room
Tile Floors in Foyer, Kitchen, Breakfast, Laundry, and All Baths
Oak Staircase with Wrought Iron Balusters.
Throughout First Floor Archway Openings
with great lighting and delicate trimwork Trey Ceilings
Crown Moulding and Oversized Baseboard
Master Bath includes terrific
Maple Cabinets (upper and lower!), Tile Floor, Soaking Tub with Tile Surround, and Custom Tile Shower with Glass Enclosure.
Walk In Master Closet with Built In Wood Shelving
Wood Shelves in All Closets
Island Kitchen with Maple Cabinets and Stainless Steel Appliances
Finished and Painted Garage with Workshop Area
Cattail Creek offers custom homes on wooded acreage, in the $250s-360s.
Interested in seeing if you qualify for this loan program? Want to know what other areas and credit scores qualify?
To find out more about the USDA loan program,
contact Steve or Eleanor Thorne at First Financial, 919.649.5058, or visit http://stevethorneonline.com/.
Read Eleanor's information about the USDA program.
You may also be interested in these Chatham County, NC Relocation Resources:
Chatham County New Homes, Lots, and Land
The Preserve at Jordan Lake - Homes and Communities in Chatham County - Chatham County Relocation
New Custom Homes at Cattail Creek - Homes on Acreage in Chatham County
Chatham County Relocation Package - Considering a Move to Chapel Hill, Carrboro, Pittsboro, or Chatham County?
Chatham County NC New Homes
Available New Homes:
129 Brookhaven Way – 3358 Sq Ft – First Floor Master – Under Construction Now
152 Brookhaven Way – 3474 Sq Ft – First Floor Master – Under Construction Now
Choose Your Plan -- Browse Floor Plans Here
New Custom Homes in the Raleigh Area - and throughout central North Carolina
Stanton Homes makes building your new custom home easy! We'll guide you through the entire process - select from thousands of different floor plans, and hundreds of different locations. Your custom home is going to be extraordinary when you create it with one of the nation’s top fully involved builders and the high quality materials and craftsmanship that our reputation is built on.
Call 919-278-8070 to find out more about new homes in the Raleigh area today.
Articles copyright Stanton Homes 2006-2017. Unauthorized use is not permitted. Provided for informational purposes only, no claims are made by Stanton Homes regarding the validity of any statements. Please note: all listing information per MLS, and current as of posting date. Information subject to change. Stanton Homes does not make claims to ownership of any lot listings, but can work with homebuyers to purchase available lots and build. Home plans to be approved on an individual basis, subject to neighborhood restrictive covenants and lot restrictions. Ask for further information regarding any community, lot or floor plan. Photos represent typical homes and details of each neighborhood, to help highlight different options available in the Raleigh/Triangle area. No claim of ownership is made to homes or land pictured.