pilot program: Refinance USDA RD Loans in Tennessee, No Appraisal or Credit Check - 05/09/13 02:16 AM
On February 1, 2012, the Federal Government Announced a Rural Development  Pilot Program to Assist Rural Borrowers Refinance their USDA Rural Development Mortgages to Get Lower Interest Rates and Payments
The program removes many obstacles that have prevent Tennessee homeowners from refinancing and taking advantage of historical interest rates.Previously many homeowners have wanted to refinance thier home loan to a more affordable monthly payment only to find that they did not have enough equity in the home to qualify.  Unfortunately the value of their home had decreased like so many others in recent years leaving them no opportunity to refinance.   … (0 comments)