David Zuckerman - USDA Loan Specialist

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Mortgage and Lending - Millennial Home Loans, LLC - NMLS #133925



The Affordability Gap Between USDA Loans and FHA Loans Widens On April 18, 2011 FHA increased the Mortgage Insurance or MI on all FHA insured loans .25% across the board. This represents the second increase since October 2010, in which the ratio used to calculate FHA monthly mortgage insurance pr...
Completion of the 2010 Census Impacts USDA Eligible Areas  USDA Loans are available in rural areas and suburban communities with population densities of 10,000 people or less per census track. With the completion of the 2010 Census, some areas that were once considered eligible based on USDA Rura...
USDA Loan 3.50% Guarantee Fee  One of the most frequent questions that come up when discussing the USDA Loan program is the 3.50% fee that appears on the good faith estimate. USDA Loan are a "budget neutral" loan program offered through the U.S. Department of Agriculture. This means that the loan...
When a USDA Loan Amount Can Be Greater Than the Purchase Price One of the little known facts of the USDA Loan program is that, under certain circumstances, the closing costs can be included in the final loan amount. This option is available when the appraised value exceeds the purchase price, the...
USDA Loans and Previous Foreclosure or Short Sale As the first wave of homeowners that were impacted by the beginning of the foreclosure crises in 2006 and 2007 start reentering the housing market special attention needs to be given to when these borrowers are eligible for their new loan. USDA Lo...

David Zuckerman

Mortgage Broker - Low-to-no downpayment mortgages
local_phone(866) 552-5912
smartphone(443) 791-9333
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