financing: USDA Rural Guarantee Mortgage
- 02/10/11 01:49 AM
USDA Rural Guarantee Mortgage The USDA "Rural Housing" Loan is a 103.5% Financing program federally insured by the US Department of Agriculture. The USDA Rural Loan is popular within our marketplace because about two thirds of Connecticut towns qualify for the program. Some of the basic highlights of the program are: There is no down payment required, it is truly 100% financing No Mortgage Insurance which saves you a considerable amount each month compared to other loan programs. The seller can pay all of your closing costs, there is no limit like other programs There is no purchase price restrictions on the home You do NOT (0 comments)
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Carolyn Dionne
Connecticut Mortgages: FHA, VA, 203K, USDA & More!