Unless your realtor has told you, you may not be aware that 100% financing is available in many parts of our state. If you are in Henry County, two cities fall into this category- Locust Grove and Hampton. Parts of Spalding County is also eligible as well as Butts County. You can visit the government website concerning this USDA financing at www.usdaruraldevelopmenteligiblity.com. It does require a minimum credit score of 620. Bank statements aren't looked at an mortgage insurance is not applied to the loan meaning a lower monthly payment. All homebuyers are eligible. USDA financing is the lowest financing available for fixed rate mortgages. Just remember, not all areas are in the USDA rural development zone. I can certainly let you know if a home you are interested in purchasing falls into this category. And if you are a seller, this is a great incentive for buyers to look at your home versus one out of the zone. You don't have to travel this real estate market alone. I'm ready to help you survive the journey. www.homesofsouthatlanta.com
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