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USDA 100% Financing in NC, SC, VA and TN. Exclusively from Gabe Libutti at Dover Mortgage!

By
Mortgage and Lending with McLean Mortgage Corporation NMLS#504917

Dover is still closing and funding 100% USDA loans!

 

Most people who've heard of the USDA loan program think that it´s strictly limited to highly rural areas, but in fact, it´s available in many locations that are commonly thought of as much more suburban. With the program available in most areas of Iredell, Rowan,Cabarrus, Catawba and other Rural Counties, it´s definitely in your best interest to learn more about it.  The USDA guaranteed home loan program is a fantastic opportunity that makes it easier for moderate income families to afford their own home.  Dover offers this program in NC, SC, VA & TN.  The benefits include:                

• No Down Payment.

•No Mortgage Insurance.

•No Cash Reserve Requirement.

  • No seller contribution limit.

•No prepayment penalty or recapture

•Competitive 30 Year fixed rate

•Common sense underwriting

•SFR, Townhome/Condo, Modular & Manufactured


Eligibility requirements:
To be eligible for the program, the home must be a primary residence and in an eligible area.  The borrower must be a US citizen and cannot currently own a home.  There are income limits which vary per county and number of household residents.  To determine whether you meet the location and income requirements, contact your Dover loan officer.