I just had some people that are interested in making an offer on a house that qualifies for this. There are a lot of people out there that believe 100% financing is a thing of the past.
Jason - I like the flyer. Very eye catching. I'm also getting a lot more inqueries about this program around here. There are only a few eligible areas but people are interested.
I've done a few of these in the past, and they are great loans for those who qualify (including the homes that qualify). The last one I tried for, which was several months ago (maybe even a year ago) I was told that the kitty was empty and the funds have been depleted. Do you know if this is true? Or have they been replenished?
Jason, The "farmer home loan" is a great product. When I started selling homes in Poinciana 15 years ago it was by far the loan of choice. Especially for the builders. They could advertsise buy a house with $100 down. I've sold many a home using this product. They are now making a well deserved come back.
Jason - thanks for directing me back to the link. It answered my question perfectly! I clicked on it the first time I came through here, but got distracted and didn't read through it. (that happens with me sometimes, lol)
Yo.......Sardi............love it. I have one of my top LOs living on USDA. She just hired an assistant yesterday b/c she's so busy. Needless to say, you go tear it up homeboy and I'll come be your assistant....right now, I'm just your ass!
Melissa - Feel free, I ripped it off from one of my peers... but he let me:)
Bettag - And a mighty fine ass you are!
Jennifer- Shhhh...
Dan - Yes, thankfully. Even I get embarrassed now and again.
Jeff - Thank you sir. Glad I could supply you with your wake up call this morning;)
Jeannie - Good deal, glad this could help. Let me know if I ever can be of assistance.
Barbara - Some areas are just perfect for this niche loan.
Everard - I must say, that was a pretty fun hijacking.
Carol - Anytime.
Bryant - This product is by no means new. I guess the cream eventually rises. When 100% Financing was so rampant, of course this product was overlooked. They only apply to certain areas and they take longer to do... as they have to be underwritten twice (once by the lender's underwriter and once by USDA underwriter). But, it's back...
Hey! I have that loan too! I have always done this program over the FHA loans. It really is a great program with great rates. Maybe I should copy this flyer and add my contact information! <smile>
Patricia - Good question. Shoot me an email and I'll hook you up with the site where you can find out in seconds if the property in question is eligible or not. From my experience, not as rural as you may think:)
Katerina - The flyer is from a buddy of mine, but Jennifer helped out with changing the context and the design stuff. In fact, when she gets here... she's my official Marketing Design Person... and cuddle buddy:)
Thanks for the post I found it very informative and especially useful to help clients be able to finance and get into a house in these difficult economic times.
Hi guys. If you aren't fired with enthusiasm, you will be fired with enthusiasm.
I am from Malaysia and also now'm speaking English, give true I wrote the following sentence: "Clocks wall prices, reviews and store ratings."
Waiting for a reply :(, Kieran.
Greeting. Fig Newton: The force required to accelerate a fig 39.37 inches per sec.
I am from Oman and learning to write in English, give true I wrote the following sentence: "Often free hair enzyme can ferret a only marrow by stimulating biotin use for unit."
Waiting for a reply :p, Atara.
What you can expect is relatively simple. I hope to make these little posts informative, entertaining, timely and have a flare that allows you the reader to be able to look at the financing side of the real estate biz. And maybe, just maybe, it gives you a little peek into my soul...
Jason
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
* Of note, only certain areas qualify for this product. Contact me for detail. And click here for a link to updated information on the USDA Program *