no money down: USDA Eligible areas around Memphis Tennessee
- 02/25/13 01:31 AM
The USDA Rural Development loan program helps home buyers in eligible areas purchase a home with no down payment. The eligible areas include all of Fayette and Tipton counties, but does not include population centers such as Memphis, Bartlett Germantown and Millington. However areas near Memphis and part of the Memphis Metopolitan area do have areas and homes that would qualify for the program.
As you can see from the map above that areas North of Millington are eligible as are areas North and even slightly South of Hwy 385; areas such as Lakeland and Arlington. … (0 comments)
One of the little known benefits of buying real estate the smaller towns and rural areas outside of Knoxville, Oak Ridge and Maryville, Tennessee in is that homes in most of these areas qualify for the USDA-Rural Development Zero Down Payment Home Loan That means that under the guidelines of this government-backed mortgage program, the borrower is not required to make a down payment nor are they required to have a monthly private mortgage insurance premium. The USDA No Down Payment Prorgram in Knoxville and East Tennessee … (1 comments)
The USDA Rural Development loan program helps home buyers in eligible areas purchase a home with no down payment. The eligible areas include all of Fayette and Tipton counties, but does not include population centers such as Memphis, Bartlett Germantown and Millington. However areas near Memphis and part of the Memphis Metopolitan area do have areas and homes that would qualify for the program. 
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