Serving all 50 states nationally - 100 percent USDA Rural Housing Home Loans. Rural Development mortgage. Serving First Time Buyers and existing homeowners throughout the US
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The USDA /Rural Development announced starting October 1st, 2011, they will begin collecting a monthly mortgage insurance premium of .3% on all new USDA home loans. However, the up front (one-time) mortgage insurance cost will be reduced from 3.5% to 2%. So what does this mean for home buyers us...
USDA (Rural Development) home loans is one of the last remaining 100% financing options available in Florida, the only other being VA. Even so, USDA loans are still not being utilized today as much as they should be. Why? First, many buyers and their agents are still unfamiliar with the loan. Wh...