Is USDA really 100% financing? A USDA Guaranteed Home Loan is a government insured 100% purchase loan. There is no required mortgage insurance with this loan which makes it even more affordable!
This means that you can literally buy a home with 0 down, 100% financing, and even have the seller pay your closing costs if you have the BEST REAL ESTATE AGENT AND BEST LOAN OFFICER working for you!
These USDA loans are offered in specific areas, but you would be amazed at how many areas actually qualify for this loan.
The only areas that have SLIGHT restrictions on where your house can be located is in main congested areas. Most of the areas in Jackson County, Southern Oregon or the Rogue Valley pretty much qualify (there are some spots that may not - Call us for a map).
THE BEST thing you can do is contact us and we can check if the address of the home you want qualifies for the 100% financing or not. If not, there may be other programs that you qualify for.
We can also prequalify you for the loan - and just a heads up, David can still close loans in only 2-3 weeks!
If you are looking to buy in any of these areas: Medford, Central Point, Jacksonville, Eagle Point, Talent, Phoenix, Ashland, Jackson County, Rogue River, Wimer and Sams Valley or anywhere on the West Coast for that matter then I would love to help.
If you need a home to buy, or a home loan, I suggest you call THE BEST REAL ESTATE AGENT AND LOAN OFFICER IN MEDFORD, OR and... "LETS GO SHOPPING!"
CHERYL MALONE
Real Estate Broker/Realtor
Windermere Investors Marketplace
Cell: 541.951.1960
DAVID DUBEAU
Loan Officer
Cell: 541.292.9663
Direct: 541.608.2161
www.DavidDuBeau.net
Remember, the first step in buying a home or refinancing is to get pre-qualified on a home loan! Sellers do not like to deal with buyers who might not qualify. There are plenty of different options out there (even other 100% financing options) As always, your comments are welcome
OTHER RELATED BLOGS:
www.SellingOregonHomes.Blogspot.com
and
How Do I Use My VA Home Loan?
http://daviddubeau.blogspot.com/2011/02/va-home-loan-how-do-i-use-my-veteran-va.html
What is a "Preapproval Letter"?
http://daviddubeau.blogspot.com/2011/02/what-is-preapproval-letter-when-buying.html
Should I Buy A Home Right Now?
http://daviddubeau.blogspot.com/2011/02/should-i-buy-home-right-now-john.html
Is it cheaper to rent, or buy?
http://daviddubeau.blogspot.com/2011/02/it-is-cheaper-to-buy-than-rent-home.html
What is the difference between a Forecosure, REO, and Short Sale?
http://daviddubeau.blogspot.com/2011/02/difference-between-foreclosure-and.html
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