0% Down Payment for Tara Sub-division of Richmond, Texas 77469, USDA Loans

By
Mortgage and Lending with www.DaveYourMortgageGuy.com - Legend Lending NMLS #293883
https://activerain.com/droplet/8B7

USDA Loans are mortgages for Homes that are found in Rural areas.  Oddly enough, some homes in Richmond are considered Rural.  The Tara Sub Division is one of these areas.  Here are the highlights of a USDA loanfor:

  1. You will not need a down payment.  That's right 0%!!!  FHA loans require a down payment of 3.5% and a conventional can require 5% or more. 
  2. And the seller can pay all or some of your closing costs.  This would allow you to get in the home with the least amount of money possible.
  3. You will NOT have any monthly mortgage insurance.  This will give you an even lower monthly mortgage payment then a conventional loan or a FHA loan.
  4. USDA loan is a government backed loan. 

To qualify for a USDA loan you must meet the income requirements and the home must fall in the designated Rural area.  You would be surprised to see which homes qualify, many fall in areas that you and I would not consider rural.  To find out if a home qualifies check out: USDA.  Call me Today to make sure you are getting the best mortgage possible. 

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David Krichmar 

Mortgage Banker NMLS#293883 

Legend Home Lending

LLC NMLS #229421

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

Named Top Mortgage Professional 2010,2011

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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Topic:
ActiveRain Community
Location:
Texas Fort Bend County Richmond Tara Colony
Groups:
Texas Gulf Coast
Tags:
buying
fha
usda
mortgage insurance
0 down payment
richmond
sugar land
fort bend county
tara
77469

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Rainer
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Patrick Lim
Coldwell Banker United Realtors - Sugar Land, TX

Great information!! Definitely will help a lot of buyers out there looking to buy in this sub-division.

Apr 20, 2011 01:39 PM #1
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David Krichmar

DaveYourMortgageGuy.com
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