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How to find out if a House Qualifies for a USDA loan. Rural Homes

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Mortgage and Lending with www.DaveYourMortgageGuy.com - Legend Lending NMLS #293883

USDA loans are amazing mortgages.  You can qualify for 0% down payment and no mortgage insurance.  When applying for a USDA loan you must be approved for the mortgage.  And the home you are interested in must qualify for the program, also.  The home must be in a Rural area and approved by the United States Dept of Agriculture- Rural Development.  To find out if the home qualifies go to USDA.  Click on "single family housing".  Then input the address and the website will tell you if it does or does not qualify for the program.  When applying for a mortgage make sure you know all of your options.  A USDA loan may be the best option for you.  Call me today with any questions. 

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David Krichmar 

Mortgage Banker NMLS#293883 

Legend Home Lending

LLC NMLS #229421

Top 1% Loan Officer Nationally

Has Written For Realtor Magazine, Houston Agent Magazine, Scotsman Mortgage Guide

Appeared On Fox Business

 

Named 5 Star Mortgage Professional 2013, 2014, 2015, 2016, 2017

Office:832-689-6012

Dave@DaveYourMortgageGuy.com

www.DaveYourMortgageGuy.com

For More Mortgage Info Follow me at  Dave's Blog

 

If you are looking for a FHA, VA, USDA, Homepath, Conventional, Jumbo, Construction, FHA 203k mortgage in Fort Bend County, Sugar Land, Houston, Katy, Harris County, Brazoria County, Pearland, Richmond, Bellaire, West University, The Woodlands, Kingwood, Friendswood, Clear Lake, Galveston, Fulshear, Tomball, Spring, Conroe, Montgomery County or anywhere in Texas I am your GUY!  

 

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Comments(5)

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Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

The USDA program is a great program available for buyer's today it is good to know there are options available for them.

Jan 24, 2011 04:11 AM
Tara Lewis
The Horn Company Real Estate Group - Hondo, TX
Medina County TX Real Estate

Dave,

I love USDA.  Thanks for the post!

Tara

Jan 24, 2011 04:11 AM
David Krichmar
www.DaveYourMortgageGuy.com - Legend Lending - Sugar Land, TX
DaveYourMortgageGuy.com

So True, Thanks Tara

Jan 24, 2011 05:51 AM
David Krichmar
www.DaveYourMortgageGuy.com - Legend Lending - Sugar Land, TX
DaveYourMortgageGuy.com

I am sorry JT, that this happening to you.  It happens more times then not.  I would suggest finding a lender in CT that is knowledgable about immigration visas.  As many are not knowledable. 

 

May 14, 2014 03:04 AM
David Krichmar
www.DaveYourMortgageGuy.com - Legend Lending - Sugar Land, TX
DaveYourMortgageGuy.com

this is true as the land can not be worth more then the house in a situation like that. 

Apr 15, 2015 12:54 AM