USDA Pilot Refinance

Mortgage and Lending with USDA / FHA Mortgage Source

The USDA Pilot Refinance program is still available to Florida homeowners that currently have USDA mortgages.  The USDA Rural Development Pilot refi is a relief program offered through approved USDA lenders in Florida. Many conventional refinance loans require a certain about of equity in the home to be approved for a refinance. This often presents a major obstacle for many Florida homeowners, especially those living in the hardest hit markets.  The USDA Pilot program lifts this barrier as loan to value ( LTV) or appraised value is no longer important.  In fact the USDA Pilot program is streamlined and does not require a new appraisal or home inspection. So even if you property value is upside down or underwater, your still eligible.  Let's look below at the USDA Pilot refinance requirements and benefits:


USDA Pilot Refinance Benefits:

  • Lower payment, mortgage interest rates are currently near historic low levels.
  • Closing costs can be financed, rolled into the loan. No out of pocket costs to the borrower.
  • No appraisal or home inspection needed.
  • Borrower does not have to credit qualify or debt ratio. Min paperwork is needed, streamline process.
  • Never leave your home, even the closing can be done in your home!


To be eligible for the USDA Pilot Refinance program:

  • The homeowner must have originally obtained a USDA Guaranteed Loan via an approved lender. Regardless of where you currently send your monthly mortgage payment  ( Chase, Bank Of America, Regions, SunTrust)  We can assist you.  If you have another type of mortgage like FHA, VA or Conventional - there are different refinance options reserved for you.  Please contact us for more details on the FHA streamline refinance or VA IRRRL mortgage.
  • The income for the household must be below the USDA income limits found here. This same rule applied when the home was originally purchased.
  • On time mortgage payments for the 12 month period prior to the refinance.



Homeowners with questions, please call us 7 days a week at 904-302-6060 and be sure to visit  USDA Mortgage Source


Serving - 

Alachua County - Gainesville

Baker County - Macclenny

Bay County - Panama City

Bradford County - Starke

Brevard County - Titusville

Broward County - Fort Lauderdale

Calhoun County - Blountstown

Charlotte County - Punta Gorda

Citrus County - Inverness

Clay County - Green Cove Springs

Collier County - Naples

Columbia County - Lake City

De Soto County - Arcadia

Dixie County - Cross City

Duval County - Jacksonville

Escambia County - Pensacola

Flagler County - Bunnell

Franklin County - Apalachicola

Gadsden County - Quincy

Gilchrist County - Trenton

Glades County - Moore Haven

Gulf County - Port St. Joe

Hamilton County - Jasper

Hardee County - Wauchula

Hendry County - LaBelle

Hernando County - Brooksville

Highlands County - Sebring

Hillsborough County - Tampa

Holmes County - Bonifay

Indian River County - Vero Beach

Jackson County - Marianna

Jefferson County - Monticello

Lafayette County - Mayo

Lake County - Tavares

Lee County - Fort Myers

Leon County - Tallahassee

Levy County - Bronson

Liberty County - Bristol

Madison County - Madison

Manatee County - Bradenton

Marion County - Ocala

Martin County - Stuart

Miami-Dade County - Miami

Monroe County - Key West

Nassau County - Fernandina Beach

Okaloosa County - Crestview

Okeechobee County - Okeechobee

Orange County - Orlando

Osceola County - Kissimmee

Palm Beach County - West Palm Beach

Pasco County - Dade City

Pinellas County - Clearwater

Polk County - Bartow

Putnam County - Palatka

Santa Rosa County - Milton

Sarasota County - Sarasota

Seminole County - Sanford

St. Johns County - St. Augustine

St. Lucie County - Fort Pierce

Sumter County - Bushnell

Suwannee County - Live Oak

Taylor County - Perry

Union County - Lake Butler

Volusia County - DeLand

Wakulla County - Crawfordville

Walton County - De Funiak Springs

Washington County - Chipley



This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Lending / Financial
All Things Florida
First Time Homebuyer
Consumer Mortgage Tips
Florida First Time Home Buyers
usda pilot refinance
usda lenders offering refinance pilot
rural development refi brokers florida
rural housing streamline refinance
usda mortgage companies refinance
banks doing usda refinance

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Jeff W

USDA /FHA Mortgage Source
Ask me a question
Spam prevention

Additional Information