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.
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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