USDA No Money Down Home Loans

Mortgage and Lending with 1st Colonial Community Bank NMLS #149277

Do you want to buy a house
with no money down?

USDA Rural Development can help you!

Lenders and USDA Rural Development have teamed up to provide 100% financing to individuals and families who buy a home in a rural area.

  • Zero down payment required

  • No mortgage insurance needed*

  • Closing costs payment can come from any source

  • Easy qualification criteria

  • Not limited to first time homebuyers

The USDA Rural Development loan program has helped many home buyers just like you.

To see if you qualify, Call today.

Richard and Carol DeGrace ~

Rich's Cell 609-209-3700 | Carol's Cell 609-209-3800

1810 Springdale Road, Cherry Hill, NJ 08003 | NMLS # 149277, 149276

Equal Housing Lender. Information is subject to change without notice. This is not an offer for extension of credit or a commitment to lend.
*No mortgage insurance is required. A USDA funding fee is financed with the loan.

I respect your privacy. If you'd prefer not to receive information from me in the future, please reply to this email.

Posted by

Carol and Richard DeGrace                               

Vice Presidents

NMLS # 149276, 149277

Aurora Financial Group Licensed Mortgage Banker NJ/PA Dept of Banking

and Insurance NMLS# 7096

Aurora Financial Group


9 Eves Drive

Suite 190

Marlton, NJ 08053

Phone: 856.596.6200, Ext 109

Carol cell: 609.209.3800


Rich cell: 609.209.3700

Efax: 856.355.4757




Wendy Hodges
Re/Max Southern Shores - Myrtle Beach, SC
Davis & Hodges

I have a buyer doing or trying this for the first time. We have been waiting to hear back on an exception for over 3 weeks. Have you ever had this experience? Wondering how long???

Feb 11, 2011 12:06 AM
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Richard, I've had many people use USDA financing and while it does take a little longer, it is well worth it to them.  It's a great program.

Feb 11, 2011 12:09 AM
Keith Vermilyea
Boise Homes Realty brokered by Found It LLC - Boise, ID

Richard ~ I have had several clients in the past use USDA financing and it represents a wonderful option for those buying in rural areas. 

Feb 11, 2011 12:14 AM
Carol DeGrace
1st Colonial Community Bank - Mullica Hill, NJ
NMLS # 149276

This is a fantastic mortgage program and many never consider using this when the income and property meet the requirements.  We underwrite these in house which does speed up the process.

Wendy... Three weeks is too long.  Call your local USDA office and ask them for an update or better yet have your buyer call them for the update.  If you need the phone number give me a call and I will locate for you.  Good luck!

Feb 11, 2011 12:32 AM