Flexible Credit - 100% Financing - Finance the Closing Costs - USDA IL

By
Real Estate Broker/Owner with Schulenburg Realty, Inc. IL License #471.009970
https://activerain.com/droplet/4Zmw

GREAT NEWS!  We have some incredible homes in some rural areas available with NO MONEY DOWN and Finance the Closing Costs into the Loan - Flexible Credit!

 

 

GREAT NEWS!  We have some incredible homes for Buyers that are just waiting to be bought in some rural areas just a short drive West of the Elgin and Huntley areas.  And the best part?  You may be able to qualify to purchase one of these homes with NO MONEY DOWN!

Thought those days were over?  THINK AGAIN!

Inventory has been low in many of the more populated areas of the NW Suburbs of Chicago.  Many Buyers have been priced out of the competitive market.  But this might just be to your advantage!

The United States Department of Agriculture (USDA) has a 100% Financing program available in the rural areas of our State.  And guess what?  Those rural areas are not as far out as you may think!

 

Here are some FACTS about the USDA Loan Program:

  • No Down Payment Required
  • Closing Costs may be Financed into the Loan
  • 30 Year Fixed Rate Loan
  • Must Buy a Home in a USDA Eligible Area: town population under 20,000
  • Flexible Credit History Requirements
  • First-time Home Buyers Eligible

 

Here is a link to a home that would qualify for the USDA Loan Program that we are currently marketing for our home seller . . . 108 E. Main St., Newark, IL 60541

 

If you'd like a FREE List of other homes that would qualify for the USDA Loan Program, give me a call at (224) 805-2616 or send me an email at Randy@Schulenburg.com.  I will also connect you to a lender that may explain the property and income restrictions and to make sure this is the best program for your current needs.

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Home Buying
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Illinois
Groups:
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Activerain MLS Online
Tags:
first time buyers
usda
no money down
boone county
dekalb county
100 financing
rural homes
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randy schulenburg
schulenburg realty
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flexible credit history

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Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Randy, great post to alert first time buyers, they don't need that pile of cash they thought they did!  

Jan 24, 2017 01:58 PM #1
Rainmaker
176,854
Randy Schulenburg
Schulenburg Realty, Inc. - Algonquin, IL
Schulenburg Realty, Inc.

Thanks Joan! So many home buyers here do not know the available options for financing a home. 100% financing, as long as the rates not much higher, will make sense for the majority of those trying desparately to save money for a home. Our lending partners have several no to low down payment options for our clients whether in a rural or urban area.

Jan 24, 2017 06:51 PM #2
Anonymous
Mrs. K

Does any of your lending partners work with first time home buyers with poor credit? I was just able to obtain a credit score after not having one due to a thin credit line. Can you believe it starts off at a 508! My husband has a 550. We are approaching the deadline to when we would like to be moved by. Our deadline is August 1st, to avoid having to renew our rental lease.

Jun 01, 2017 07:39 PM #3
Rainmaker
176,854
Randy Schulenburg
Schulenburg Realty, Inc. - Algonquin, IL
Schulenburg Realty, Inc.

Mrs. K - thank you for reaching out through ActiveRain.  I may have an option that would help you not have to renew your lease and put you on the path towards home ownership.  You may reach me to discuss by calling or emailing at anytime.

Jun 01, 2017 09:23 PM #4
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Rainmaker
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Randy Schulenburg

Schulenburg Realty, Inc.
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