USDA Rural Development Government Loan Saves Buyers TONS Of Cash!

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Education & Training

The USDA Rural Development Guarenteed Loan is quickly establishing itself as the most cost effective Rural Housing Loan anybody could use.

Our Rural Housing Loan will save your buyers a truck load of cash and help them keep their money in their bank account after closing!

Here's a comparison of an FHA Government Loan, A Conventional Mortgage and a USDA Rural Development Real Estate Loan.

 

FHA

Conventional

RHL

Purchase Price

200,000

200,000

200,000

Loan Amount

194,300

190,000

204,000

Principal & Interest

1,228.11

1,264.07

1,289.42

Mortgage Ins. Premium (monthly)

80.96

272.33

0.00

Total Monthly Payment

1,309.07

1,536.40

1,289.42

DOWN PAYMENT

5,700

10,000

0.00

Not only does the Rural USDA loan have the lowest out of pocket expenses to buy Rural Real Estate, it also has the lowest down payment requirement.

Keep in mind that Rural Real Estate isn't a farm, it's often subdivisions just on the edge of town.

Apply for a Rural Housing Loan here.

Paul Dunn  - Tucson's #1 FHA Loan Expert (First Priority Financial): Loan Officer in Tucson, Pima County, Arizona

Paul Dunn
Tucson's #1 FHA Mortgage Loan Originator
Arizona USDA Rural Development Home Loans

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Tags:
usda rural development
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Rainmaker
289,144
Kent Simpson
Realty One Group Mountain Desert - Tucson, AZ
Real Estate Is About People

There's something to be said for "Country Living" isn't there, Paul?  I just posted a link to this post of yours...along with a link to the website where people can check a particular property's eligibility for this program.

Aug 18, 2008 03:49 PM #1
Rainmaker
99,185
Gerry Suarez Jr.
Jet Home Loans NMLS 1660135 - Maitland, FL
FL Mortgage Guru

Great post Paul,

Yes it's hard to say it but RD even beats VA if the borrower and property qualify. Your comparison does a great job of showing the benefits!

Gerry Suarez, Jr.

Your HUD Loan Pro!

Aug 19, 2008 02:18 AM #2
Rainmaker
62,049
Paul Dunn
Tucson, AZ
former orginator

THanks for the comment Kent.  Love the country and the great thing about the rural home loan is that it isn't just for the country... stay tuned for maps!

Aug 19, 2008 02:19 AM #3
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Rainmaker
62,049

Paul Dunn

former orginator
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