no money down mortgage: No Money Down Loan | No Money Down Mortgage - 12/27/13 08:31 PM
No Money Down Loan
 
There are two no money down mortgages. The first is the VA loan for veterans and active military and the other is a USDA Rural Development Loan. 
USDA Loan Restrictions
The two main considerations for a USDA loan is the income limit and the location restrictions. The income limit is calculated using everyone living in the house together even though they are not on the loan however only those on the loan can use their income towards qualifying. 
USDA Loan Eligible Areas
To see the maps where you can get a USDA loan make sure to … (1 comments)

no money down mortgage: FHA vs USDA Loan – Total Cost Of Ownership - 10/11/10 12:57 PM
Assuming the following -
$300,000 purchase price at 100% Loan to Value Seller pays all closing costs Buyers qualify for both USDA and FHA Home is located in an USDA Eligible Area * Minimum credit scores are set by the lender. Envoy Mortgage allows lower credit scores with a penalty in the form of points or a higher interest rate.
 
Please visit USDALoanhome.com to find out how much money you will save with a USDA Loan after 10 years.
… (3 comments)

no money down mortgage: So I finally have a website for USDA Loans in MD and VA! USDALoanHome.com - 10/11/10 05:28 AM
So I finally have a website for USDA Loans in MD and VA! USDALoanHome.com      I could never figure out how a website for a mortgage loan originator would be worth all the time and money it takes to make a website that makes money. Unless your website drives traffic on its own through search term optimization, its only there to provide a background check for someone who wants to check you out.
 
     This is most likely going to be anyone who you have given your card to or your competition. Neither are really worth the time and … (0 comments)

no money down mortgage: USDA Loans Are Still Available in Maryland and Virginia (Video) - 10/07/10 03:05 PM
     Unfortunately many real estate agents and lenders are not aware that there are still lenders offering and yes CLOSING USDA Rural Development Loans.
     In Maryland and Virginia this program is HUGE for the houses that are selling the most 200-300k. If you look at the maps on USDALoanHome.com, you can see that there are very few areas that are not eligible for this program. I have heard many false statements from agents who are not familiar with this program so I have outlined them below and in have listed the highlights in my video.
 
Here are … (2 comments)