So What Is A USDA Rural Home Loan?

By
Education & Training

A FarmWhen you think of USDA I know the first thing you think is HOME LOAN FINANCING!  Right?  Actually, if you're like most Americans you probably think of Milk, Cows, Pigs, Corn, Farms and a beautiful farm house.  Anything but mortgages.

Rural, really isn't all that rural.  Here is a picture of a farm, and you'd have to go to Farmer Mac to finance it.

A USDA Rural Home Loan is designed to help families in areas that are "designated" as rural to get into a home with zero money down!  In Arizona the average cash out of pocket to buy a home is "currently" $158.70 and USDA Rural Home Loan demand has BOOMED upward by 475% over the last 12 months.Rural HOme

Here are a couple of hot buttons for those considering financing a home:

  1. You can buy a home without a down payment
  2. You don't get charged an expensive (or any) monthly mortgage insurance payment
  3. Credit requirements are VERY FLEXIBLE
  4. A Rural designation may may look and feel like the burbs.

Stay tuned for maps of rural designated areas! 

As always, if you are thinking of financing a home for any reason give me a call or contact me through this blog.

Paul Dunn
USDA Rural Home Loans

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Groups:
Arizona Real Estate
Arizona Homes
Tucson, AZ Real Estate
Moving to Arizona
Tags:
arizona
tucson
loan
mortgage
pima county
usda rural home loans
usda rural guaranteed

Spam prevention

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

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

Rainmaker
61,229

Paul Dunn

former orginator
Ask me a question
*
*
*
*

Additional Information