USDA Loan -- did you know....

By
Mortgage and Lending with Barr Group Mortgage

Did you know.....

1) Almost all of Baldwin County is eligible!

2) The income limits have increased to over $73,000 for a family of one to four!

3) There is NO mortgage Insurance?

4) You can finance up to 100% of the APPRAISED value!

5) You DON'T have to be a first time homebuyer!

USDA loans have been feeding my family during this mortgage crisis.  They are easy loans to do.  They are fun loans too.  I love putting small young families into thier first homes.  Although the program does not require that you be a first time homebuyer.  That is what I see alot of with these types of loans espically with the Tax Credit.  More on the Tax Credit later. 

 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
Alabama Baldwin County

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainer
17,826
Richmond Virginia
Richmond, VA

USDA loans area blessing for a lot of folks.  And as you point out are open to others outside of 1st timer status.  The few geographical and income limitations are, I think, reasonable.  I'm glad you found a way to build your business and help others realize their dreams of being a homeowner.  Way to go!

Jun 09, 2009 03:51 AM #1
Ambassador
2,364,210
Fred Griffin, on leave of absence from ActiveRain
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

We invite you back to ActiveRain!

    Much has changed since your last visit to ActiveRain.  I encourage you to take another look at the website. 

    Surf some blogs, leave some comments.  Better yet, post a Blog.

    Best to you!

Dec 21, 2015 12:38 PM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
1,833

Helga James

Ask me a question
*
*
*
*
Spam prevention