usda: No Down Payment Needed, 3 bedroom 2.5 bath Rincon Home Eligible for RD - 08/19/13 01:42 AM
This wonderful 3 bedroom 2 1/2 bath home located at 314 Aspen Arbor in  Effingham County is located in a USDA Rural Development eligbile area, meaning that it can be purchased with no down payment.
The 4 bedrooms allow for plenty of room for a growing and active family.
 
 

If you are looking home for sale in Rincon, GA and would like to buy your home without a down payment.  You may have found it here. This 3 bedroom home located at 314 Aspen Arbor is in a USDA Eligible area, allowing you to use a Rural Development loan … (1 comments)

usda: USDA Rural Development Loans in Tennesse - 07/09/13 01:31 AM
USDA Rural Development Loans in Tennesse
Are you wanting to buy a home in the state of Tennessee? Well, if you are willing to buy a home outside of a larger city you may benefit from a  USDA Rural Development Loan. Backed by the United States Department of Agriculture, these “no down payment” loans are helping add a little ease to the home buying process.
 
Popular Benefits of a USDA Rural Development Home Loan include:
 ■100% Financing up to the appraised value 
 ■Abilty to include closing cost into the loan if the home appraises for enough
 ■Flexible Tennessee credit qualifications(Perfect … (1 comments)

usda: 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)

usda: Buy a Home in Smyrna TN with no Down Payment; USDA Rural Development - 04/10/13 06:39 AM
You can buy a home in the Smyrna Tennessee area with no money down
The  Tennessee Development Loan Program is designed to help home buyers outside of highly populated areas  to buy a home without having to overcome the obstacle that of Down Payment that prevent  many from the dream of home ownership
While the properties in the city limits of Smyrna do not qualify for the Rural Development Program,  you can see on  the map below, you not need to go far outside of Smyrna to find homes that are in an area that is eligible for the Rural Development … (0 comments)

usda: Buy a Home in Spring Hill, TN with Zero down payment; USDA RD Loans - 04/10/13 03:41 AM
You can buy a home in the Spring Hill Tennessee area with no money down
The  Tennessee Development Loan Program is designed to help home buyers outside of population centers to buy a home without having to overcome the obstacle that prevent  many from the dream of home ownership, down payment.
While the homes within the city limits of Spring Hill,  do not qualify for the Rural Development Program,  you can see from the map, one does not need to go far outside of Spring Hill to find an area that is eligible for the Rural Development loan program and the … (0 comments)

usda: Buy a Home in Murfreesboro, TN with Zero Down; Rural Development loan - 04/03/13 10:47 AM
The  Tennessee Rural Development Loan Program is designed to help home buyers outside of population areas, such as Murfreesboro, TN  buy a new home without having to struggle to come up with a down payment, which is the reason that many would be homebuyers are unable to buy.
While the homes in the city limits of Murfreesboro Tennessee are not eligible Rural Development Financing, as you can see from viewing this map, you do not have to go far outside of Murfreesboro, Tennessee to find an area that is eligible for the Rural Development loan program and the no down payment opportunity.  … (0 comments)

usda: Rural Development Loan in Columbia Tennessee, No Down Payment Required - 04/03/13 05:56 AM
You can buy a home in the Columbia Tennessee area with no money down
The  Tennessee Development Loan Program is designed to help home buyers outside of population centers purchase a new home without having to overcome the hurdle that keep so many from the dream of home ownership, down payment.
While the homes in the city limits of Columbia Tennessee do not qualify for Rural Development Financing, as you can see from the map below, you do not have to go far outside of Columbia to find an area that is eligible for the Rural Development loan program and the … (0 comments)

usda: Rural Development Loans in Nashville TN; Buy a home with Zero Down - 03/30/13 11:17 AM
Rural Development Loans in Nashville TN
While homes in the city limits of Nashville and the surrounding cities such as Murfreesboro, Franklin, Hendersonville, Brentwood, Spring Hill, Columbia and Gallatin are actually in the USDA Rural Development area, there are many areas that are just outside of and still near the metropolitan area that are eligible for Rural Development Financing.
The Rural Development program will allow you to purchase your new home with having to come up with a large down payment, in fact the hallmark of this program is that NO down payment is needed.
Nashville area homebuyers can take advantage … (0 comments)

usda: Tennessee USDA Rural Development Loan; No Down Payment Required - 03/30/13 11:06 AM
Tennessee USDA Rural Development Home Loan
 
The USDA Rural Development loan is a great opportunity for Tennessee Homebuyers.  It is one of the only loans that will allow you to buy a home without having to have a down payment.  And regardless of what is stated on the news and media, one's credit history does not have to be perfect to qualify for a home loan. A Tennessee homebuyer can qualify for a USDA Rural Development loan in only 2 years after a hardship event that may have hurt their credit.
     We also offer VA loans with … (1 comments)

usda: Louisiana USDA Rural Development Loans No Down Payment Home Loans - 03/29/13 02:24 AM
The USDA Rural Development loan is a great option for Louisiana Homebuyers. 
 The USDA Rural Development Loan is one of the last loan programs that will allow you to buy a home without a down payment. Regardless of what you may hear in the media, you do not have to have a perfect credit history to qualify for this no down payment loan program.  In fact a Louisiana homebuyer can qualify for a USDA Rural Development loan in as little as 2 years after a hardship event that impacted their credit score.
 The Louisiana Rural Development loan requires a minimum … (1 comments)

usda: The difference between being Pre-qualified and being Pre-APPROVED - 03/05/13 01:15 AM
A recent article in Forbes magazine entitled “Why Getting Pre-Approved For A Mortgage Is A Sham” was lamenting the uselessness of home buyers obtaining a pre-approval letter from a mortgage lender prior to shopping for a home.   Here is a short excerpt from the article that summaizs the author's concerns. “The fact is that mortgage pre-approvals are not what everybody wants them to be. They are not ironclad, they are not processed and reviewed by underwriting people and they are not subject only to an appraisal, even though most of them say that. They are however part of almost every … (0 comments)

usda: Rural Development Loans in Jackson TN, Buy a Home with no down payment - 02/25/13 02:46 PM
Jackson is the county seat of Madison County, Tennessee.  The total population of the city at the 2010 Census was 65,211.
The city of Jackson is the only area in Madison county that is not eligible for 100% financing using the USDA Rural Development home loan.  Rural Development, or RD loan allows buyers in eligible areas purchase a home without a down payment.  They are able to finance 100% of the purchase price of the home. However, the program has income as well as geograhic limits.  The income limits are based on the size of the family and takes into account … (1 comments)

usda: Rural Development Loans in Clarksville TN, Buy a Home with zero down - 02/25/13 01:36 PM
Rural Development Loans in Clarksville TN 
Clarksville the county seat of Montgomery County, Tennessee. Clarksville 5th largest city in Tennessee with a population of 132,929 in the 2010 Census. Clarksville is the 9th fastest growsing city in america among cities with populations greater than 100,000. While Clarksville is the home of Ft Campbell and members of the military qualify for VA loans which do not require a down payment, there are still many in the area that do not qualify for VA loans that still benefit from the USDA Rural Develepment loan program.  The RD loan allows for the purchase of a … (0 comments)

usda: 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)

usda: USDA Property Areas in Tennessee. RD Eligible Counties - 02/23/13 10:47 AM
All areas of the counties listed below are eligible for USDA Rural Development loans in the State of Tennessee.  A USDA loan can be used to purchase a home in any of these counties with no down payment, USDA provides 100% financing in these areas.
 
 
It is important to verify the home you want to buy in the counties above does in fact fall into one of the eligbile areas.  It is possible that houses that are next door to each other may fall into differnet categories.  One may qualify for the RD program, and the other one may … (2 comments)

usda: USDA Rural Development Success in Cookeville, TN - 02/08/13 06:35 AM
USDA Rural Development helps another Cookeville Tennessee Family get their dream home.
"Bill and Mary Ann your persistance and dedication has made a family dream come true.  Thank the both of you for being patient with us and for believing 'Yes We Can'.  Be Blessed"
 
It feels great to get notes like the one above from a family that is happy to be moving into their new home.  We knew from the beginning that it was going to be difficult to get the loan approved.  Yet, knowing the guidelines and how the USDA office was going to look at the … (1 comments)

usda: FHA Mortgage Insurance Increases For Tennessee April 1, 2012 - 03/05/12 12:18 AM
On April 1, 2012, FHA mortgage insurance premiums (both the upfront and monthly Premiums) will increase to replenish the FHA depleted accounts.
Although FHA  mortgage interest rates continue to remain at all-time lows, FHA mortgage fees are increasing, making the cost of buying a home or refinancing a home more expensive.  The consecutive increase in FHA mortgage insurance premiums may limit a home buyers “buying power” but protects the nations primary “low cost” mortgage program for homebuyers. 
There was a great article in the Washington Post explaining the current financial situation of FHA if you are interested in learning more – … (1 comments)

usda: Meet Bill McDonald Mortgage Lender - 09/02/11 04:30 AM
  As a mortgage lender I have come to realize that people do not WANT a mortgage.  In fact they work hard for 30 years to rid any they may have. What people WANT is a home, and just need a mortgage to satisfy that want.
It is with this understanding that I have decided to learn all I can about marketing the thing that the do want, homes.  I have compiled systems that will aid Realtors in acquiring leads, keeping the leads they have as well as generating buyer leads.
It is my goal to develop a mutually beneficial relationship with … (0 comments)

usda: Get A Home Loan With NO Down Payment, Zero Down, 620 Credit Score, - 07/27/11 11:09 AM

One of the little known benefits of buying real estate outside of major metorpolian areas  is the fact that due to the "rural" location of these areas, homes in these locations qualify for the USDA-Rural Development Zero Down Payment Home Loan   That means that under the guidelines of this state-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.On a $250,000 home, the savings is two-fold: First, borrowers saves $8,750 in respect to the required FHA down payment (3.5%) and two, borrowers save $183/month in MMI (monthly … (0 comments)

usda: What others have to Say about Bill McDonald - 07/14/11 04:26 AM
This will be the 6th house I've purchased with a mortgage. I worked with Bill McDonald and it was by far the best experience I've had. Everything was handled expediently, accurately, and with a personal touch. He also went outside of his way when I asked for help with homeowner's insurance and recommended someone equally as competent. I cannot say enough about Bill and the positive experience I had. He has earned my loyalty and I look forward to doing business in the future.  
Thaddeus S
 
 
Hi Bill,
I received your package. It was a nice suprise. I … (0 comments)

 
Bill McDonald, VA, USDA, FHA Government Loans - (865) 686-8711 (Van Dyk Mortgage ) Rainmaker large

Bill McDonald

VA, USDA, FHA Government Loans - (865) 686-8711

Knoxville, TN

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Van Dyk Mortgage

Address: 57 Maple Grove Dr , Ste 202, Crossville, TN, 38555

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