Buy a Home in Spring Hill, TN with Zero down payment; USDA RD Loans

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Mortgage and Lending with Van Dyk Mortgage NMLS:98535,Corp 3035

You can buy a home in the Spring Hill Tennessee area with no money down

The  Tennessee Development Loan Program is designed to help home buyers outside of population centers to buy a home without having to overcome the obstacle that prevent  many from the dream of home ownership, down payment.

While the homes within the city limits of Spring Hill,  do not qualify for the Rural Development Program,  you can see from the map, one does not need to go far outside of Spring Hill to find an area that is eligible for the Rural Development loan program and the zero down payment requirements.  The areas that are shaded in the map below are ineligible and the white area is all eligible.  

There are numerous areas that are close enough to Spring Hill to allow you be a part of community, yet also allows you to take advantage of the No Down Payment home loan offered by the Tennessee Rural Development program. In fact you can see with the exception on one area, everthing to the East of Interstate 65 is eligible.

Besides the geographical restrictions, the RD program also has income restrictions based on the size of the family that will be living in the home.  For households of 1-4 persons the limit is $74,750 Per Year and for households of 5-8 persons the annual income limit is $98,650 Per Year

There are adjustments that can be made to your actual income to reduce annual income calculation for things like child care expenses, the number of children in school, family members that are disabled.  These adjustments can lower your income calculation and help you qualify for the program even if you make slightly more than the program limits.

Give us a call today at (865) 686-8711 and let us answer your questions and help you get Pre-Approved for the purchase of your new home.

Click Here to review all Eligible areas around Nashville

RD Map Spring Hill Tennessee

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Call Today to find out about best loan for your family.

Click the Link Below to Learn about our unique Pre Approval Process 


                 

 

                    

Specializing in Government Home Loans.  FHA, VA and  USDA Rural Development

 

Alabama: License # 52935

Birmingham, Montgomery, Mobile, Huntsville, Tuscaloosa, Hoover, Dothan, Decatur, Auburn, Gadseden, Florence, Bessemer, Madison, Prichard, Phenix City, Homewood, Vestavia Hills

Georgia: License # 36362

Albany, Atlanta, Augusta, Alpharetta, Athens, Canton,  Columbus, Dalton, Dunwoody, Johns Creek, Macon, Marietta, Roswell, Sandy Springs, Savannah, Smyrna, Valdosta, Warner Robbins

Kentucky: License # MC305583

Louisville, Lexington, Bowling Green, Owensboro, Covington, Hopkinsville, Richmond, Florence, Elizabethtown, Frankfort, Paducah, Independence, Danville

Louisiana: License # 35486

Alexandria, Baton Rouge, Bossier City, Central, Denham Springs, Hammond, Houma, Kenner, Lafayette, Lake Charles, Livingston,  Marrero, Metaire, Monroe, New Iberia, New Roads New Orleans, Prairieville, Shreveport, Slidell, Walker

Tennessee:  License # 108470

Bartlett, Bristol, Chattanooga, Clarksville, Cleveland, Collierville, Columbia, Cookeville, Crossville, Fairfield Glade, Franklin, Germantown, Goodlesttsville, Hendersonville, Jackson, Jamestown, Johnson City, Karns, Kingsport, Knoxville, Memphis, Morristown, Murfreesboro, Nashville, Oakridge, Smyrna, Spring City

Texas

Abilene, Amarillo, Arlington, Austin, Beaumont, Brownsville, Carrollton, Cypress, Dallas, Denton,  El Paso,  Ft. Worth, Frisco, Garland,  Grand Prairie, Houston, Irving, Killeen,  Lubbock, McAllen, McKinney, Mesquite, Midland, Pasadena, Plano, San Antonio, Tyler, Waco, Wichita Falls

 

We offer VA Loans,  FHA Loans, USDA Loans, and more across Alabama, Louisiana, Texas and Tennessee

 

Bill McDonald NMLS # 95835

VanDyk Mortgage NMLS # 3035

 

Bill McDonald-VanDyk Mortgage

705 Gate Ln Suite 202 104

Knoxville, TN 37909

(865) 686-8711

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Tennessee Maury County
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Totally Tennessee
Tags:
fha
home loan
usda
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no down payment
nashville
spring hill
rural development
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