fha 203k mortgage: 100% Financing with USDA Loan, FHA Loan, And VA Loan
- 02/26/17 06:52 AM
In Rhode Island, there are essentially three mortgage programs where you can purchase a home with 100% financing through either RI Housing, Veteran's Administration (VA), and the US Department of Agriculture (USDA). The following is a brief description of each program and general restrictions. Rhode Island Housing - RI Housing is a non-profit organization offering mortgages for first-time homebuyers directly and through participating lenders (defined as not owning a home for the previous three years). Loans are structured with a first and second mortgage for up to 100% of the purchase price and requires an upfront funding fee, which is financed into (3 comments)