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Florida 100% Home Mortgage Loan - USDA 100% Financing Mortgage
FLORIDA USDA LOANS - 100% FINANCING If you happen to be an Florida resident and are looking for a government-backed loan while lacking the ability to qualify for a traditional loan, the USDA loan program can be your best option. Also known as the Rural Development Loan, the USDA mortgage was created in 1949 to give the rural population the ability to purchase and own a home. Although the alias may cause you to focus on farmland, this loan was simply intended for lower income buyers that happen to dwell in rural parts of the United States.
You may use this program for your buying or refinancing needs. loanDepot is a certified USDA loan provider.
Many area's In Florida qualify for a USDA LOAN.
The USDA home loan program is limited to certain eligible areas deemed “rural” by the USDA/Rural Development. We frequently receive questions about the areas in Florida that are eligible for the program. The USDA says that to be eligible a property must be in a rural community of fewer than 10,000 people, but there are exceptions to this rule. Some areas between 10,000 and 25,000 in population are considered rural due to their distance from urban areas.
The USDA Rural Housing Program is not only an affordable option for potential ... more
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