Rural Home Loans for Qualified Buyers

By
Real Estate Agent with Russell & Jeffcoat Real Estate Corp.

Rural Home Loans for Qualified Buyers

Now available.......affordable homeownership with a USDA (United States Department of Agriculture) Rural Housing Guaranteed Home Loan.  Rural home loans are designed for qualified moderate income borrowers who purchase a home in a USDA rural mapped area.  Almost the entire Hopkins, SC area is included in this great deal.

hopkins home

hopkins home

 These two homes for sale in Hopkins qualify for this program 

Important features of the Guaranteed Home Loan program include:

•·       Up to 100% financing, based on the appraised value of the home

•·       Available to families with a maximum of 115% of the area median income

•·       Competitive interest rates

•·       Sales price and closing costs can be financed up to the appraised value

•·       Seller may contribute up to 6% toward closing costs for guaranteed loans

•·       No cash reserves required

•·       Low up-front fee eliminates mortgage insurance

Terry Edwards     tedwards@sc.rr.com

New & Existing Home Sales     Columbia SC Real Estate & Business Report

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South Carolina Richland County Hopkins
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