USDA mortgage loan or sometimes called Rural Housing Loan is a loan program guaranteed by United States Department of Agriculture. The home buyer must select a home as their primary residency in a qualified USDA area and must meet USDA income eligibility requirements.Main advantages:
No down payment is required, you may finance up to 100% of the property value
The 2% guarantee fee and all other costs may be added to the loan
USDA home loans do not have a specific loan size limitation
Refinance your present USDA home loan via USDA Streamline Pilot Refinance Program that requires no appraisal and all closing costs can be financed
I really love my lender. They were there – every step of the way… I felt like they cared and I was on the ball with all the requests and docs needed. I really think this was the best thing for me – getting my refinancing in order so I can get a lower payment and best of all, all the costs were shown to me up front with no surprises. So perfect.
Finally I found HELP
I had a weird situation. I was just about to go back into the service, and I needed a home for my family. I Love My Lender helped me get into a VA loan, with no down payment, and things couldn’t be better.
Truly the best experience.
I didn’t think it was possible to truly love my lender – but there you have it. Fast, responsive, friendly and knowledgeable – Barry and his associates helped me through every single step of the process. Thank you!!