Health & Fitness
Mortgage Madness With Dorothy: ATTENTION WATERFORD RESIDENTS
Laying out the benefits of a USDA loan.
ATTENTION WATERFORD RESIDENTS AND REAL ESTATE AGENTS!!!
You only have ONE year to take advantage of a RIDICULOUSLY AWESOME program that allows you no money down, 100% financing, and seller paid closing costs, which translates into only having to pay $450 to get into a new home. Next year, Waterford potentially will no longer be an eligible area to purchase a home with a USDA loan, so if you're in the market for a home, now it the time to act!!
Hard to believe isn't it??? Here's what it's all about.....
Find out what's happening in Waterfordwith free, real-time updates from Patch.
- No Down Payment Required. Borrowers who qualify for a USDA Rural Development home loan have the flexibility to pay nothing out of pocket for a down payment. That means a borrower can finance up to 100% of the purchase price.
- Incridible 30 year fixed interest rates... with minimal monthly mortgage insurance, which equals increased buying power.
Find out what's happening in Waterfordwith free, real-time updates from Patch.
- Flexible credit guidelines. Minimal credit score is 620.
For more information or questions about USDA loan programs please feel free to blog me, or contact me at Dorothy@fundsforhomes.com or 860-833-1083