First time home buyers and “move up-move down” buyers in the Fox Cities of Wisconsin need to know that they do not have to live out in the middle of nowhere in order to take advantage of the USDA/Rural Development home purchase program.
This program allows buyers in Wisconsin to purchase homes NO MONEY DOWN, at a national average interest rate, with very average credit and very little mortgage insurance. This USDA/RD program is available nationwide, but today we’re going to talk about my peeps, the residents of Appleton, Wisconsin and the rest of the Fox Cities. In Appleton alone, a buyer can be less than five minutes from shopping and amentias and still qualify for the USDA/RD home purchase program.
A quick summary of the borders for property eligibility for the Appleton area are as follows:
- To the North, just North of Highway JJ, just passed Appleton North High School.
- To the West, just passed Outagamie County Airport.
- To the South, just passed County Road A in Neenah.
- To the East, just passed Combined Locks and the southern part of Kaukauna.
Knowing this………..it’s easy to see how a Fox Cities resident can utilize the USDA/RD product and not have to live somewhere where they “pipe in the sunshine”.
Feel free to reach out to the team anytime to discuss eligibility for the USDA/RD product from both a borrower and property standpoint.
We hope you enjoy today's installment!
If you or any of your loved one have any questions regarding mortgage financing, home ownership or banking in general, please don’t hesitate to reach out.
Until next time-Yours Financially, Milly
Jamey Milheiser, NMLS #284184