Think you need a down payment to buy home in Barnegat? Not with a USDA home loan guarantee you don't!A USDA home loan is a zero down payment mortgage for eligible rural and suburban homebuyers. USDA loans are issued through the USDA loan program, also known as the USDA Rural Development Guaranteed Housing Loan Program, by the United States Department of AgricultureAdvantages of the USDA Home Loan Guaranteed Program: 100% financing No down payment requirement No Mortgage Insurance No Cash Reserves Required Loan up to 101% of appraised value Seller Contributions Limited to 6% Homes for Sale in Barnegat Ocean County First Time Buyer ProgramsSome Highlights: You can buy a home in Barnegat with ZERO money down! The average down payment for first-time homebuyers is only 6%! Despite mortgage i...
Comments
0