17 Reasons why a USDA Rural Housing Loans Makes Great Sense!

• Perfect for communities outside a Twin Cities metro area ( USDA Income and Property Eligibility Site )
• No down payment required (100 % Financing)
• Small monthly mortgage insurance required ( .30 annual)
• No cash reserves required
• No seller contribution limit
• No prepayment penalty
• Loan up to 102% of appraised value (not the lesser of Sale Price or Appraisal Value)
• Loan can include closing costs and prepaids above appraised value
• No maximum loan amount (Maximum loan based on repayment ability)
• No first-time homebuyer requirement
• New and existing homes
• Fully amortized 30-year fixed rate loan
• No minimum cash contribution required from borrower
• 100% gifted closing cost or down payment assistance permitted
• Non-traditional credit may substitute for lack of traditional credit history
• Competitive rates
• Credit history must indicate a reasonable willingness to meet obligations when due

Click Below....say yes and get started today!