USDA Rural Development Loans in Maryland are going strong! I made this video on June 14th and mentioned that Envoy Mortgage is closing USDA Rural Development Loans in Maryland and if you call me within 48 hours I will close the deal by the June 30th to ensure the $8k tax credit and we did it! I had three closings that week and they ALL closed on time Woo Hoo!!!
The biggest problem I run into is real estate agents who are aware that the bill has not been funded but not know that there are still "very few" lenders who are closing USDA Rural Development Loans in Maryland. So here is another post on Active Rain designed to get the word out. So, tell a friend that Envoy Mortgage is closing USDA Rural Development Loans right now!
Just in case you haven't heard of USDA Rural Development Loans, here is are the highlights
- 100% financing
- No Money down
- 3.5% up-front funding fee (can be financed)
- Most areas in Maryland qualify (call to see if your address qualifies)
- There are household income limit restrictions - 92k in Southern Maryland (call for limit in our area)
- The bill to fund the program has not (as of today) been funded however Envoy Mortgage can close them
If you would like more info on how to get qualified or to find out where to look for eligible homes, call me today 443-624-9398 or email me at BrianMayer7@gmail.com. As a First Time Home Buyer Specialist I will take the time to explain all the questions you might be afraid to ask. All of my business is referral based and because of this your satisfaction is most important.