100 financing through usdamanatee county florida rural housing development loans: 100% Financing through USDA/Manatee County Florida Rural Housing Development Loans
- 03/28/11 01:14 AM
100% Financing through USDA/Manatee County Florida Rural Housing Development Loans 620+ Credit Scores No Monthly Mortgage Insurance Required 100% Financing + 3.5% Guarantee Fee can be Financed In 6% Seller Contributions Allowed GUS (Guaranteed Underwriting System) Approval Required Guaranteed Rural Housing Loan Program The Rural Housing Service (RHS) Program provides very low and low to moderate income rural residents with better access to affordable home financing with little or NO DOWN PAYMENT or OUT-OF-POCKET cost. Borrowers may obtain a loan to purchase a new or existing home that is located in a designated rural area. A rural community generally has a population … (0 comments)
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Jim Poole
Zero Down, USDA Purchase Loans, FHA 203(K) Rehab &...
I give consultations on Government Home Loan Programs. I advise on how to use these loans to Buy and Sell more homes.
Many of todays home buyers are first time home buyers; will have limited funds to put down and will have no money for needed repairs or desired up-grades. Many will be younger and will have marginal incomes.
The USDA Loan and the FHA Loan are designed to address these issues.
The USDA loan offer 100% Financing while the FHA 203k loan program is attracting a lot of attention from the more sophisticated buyers of aging and bank owned properties.
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