Good news came from the USDA’s Rural Housing Program on July 1st. The new maximum income guidelines in Maryland for 2011 have been released, and most areas in MD received increases. This means that more people will be eligible for 100% financing, on their personal residence, in the less urban/rural areas of the state [...]
FHA mortgage, First Time Home Buyers and Foreclosures? The 3 Fs of the real estate market of the St. Louis and St. Charles Missouri area. If it wasn’t for First Time Home Buyers, FHA mortgages, and Foreclosures there would barely be a real estate market in the St. Charles and St. Louis area. The FHA [...]
The USDA Rural Home Loan program, a true zero down home loan.
Having a down payment and/or the funds to close is usually something that many First Time Home Buyers need or are interested in learning more about. Having no down payment is the number one reason that many who would like to buy their first new home wait. But, waiting is not necessary there are loan [...]
How Student Loans Impact USDA Loan Qualifying When people are looking at getting an Arizona Home Loan whether it is a USDA Loan or FHA Loan who have existing student loans, they need to be aware of how those student loans will impact their qualifying. The USDA Loan Program is very popular among recent graduates, [...]
Can Collections Prohibit You From Getting Into The USDA Loan Program? Another question I hear quite a bit about the USDA Loan Program is about collections. It’s pretty common to hear… I have some old collections, are they going to stop me from getting approved for the USDA Loan? It’s always a good idea to [...]
Do you know who is allowed to pay closing costs on a new USDA Loan? Most buyers just leave it up to the real estate agent to negotiate closing costs with the seller. And this can be a mistake that can cost you thousands if you don’t provide your agent with the proper information about [...]
Friday, USDA announced that funding for the Single Family Housing Guaranteed Loan Program (SFHGLP) was not available until some time after fiscal year 2011. USDA Rural Guaranteed Loans (means the same, different name) are one of very few no money down home purchase programs available in Oregon. USDA would, however, be issuing Conditional Commitments through Rural Development “subject to [...]
USDA Loan Guarantees Are Back Over the last several months, we have continued to fund USDA Loans in Arizona based on our ability to obtain a Conditional Commitment Letter from the local Rural Development Office. However, not all lenders have been willing to continue funding USDA Loans off of a Conditional Commitment Letter which is [...]
The California USDA Guaranteed Rural Development Home Mortgage Loan is a flexible no down payment government insured program that is growing in popularity. It’s designed to promote homeownership to residents in Riverside, San Bernardino, San Diego County and cities of Corona, Temecula, Menifee, Murrieta, Sun City, Wildomar, Winchester, French Valley, Homeland, Romoland, San Diego County with low to moderate incomes and who [...]
*This is not an offer to lend. 
Obama Refinance Plan For San Jose Homeowners AnnouncedHome Affordable Refinance Program Update Harp 2 Bay Area San Francisco California March 2012 Guidelines for Purchasing a 3 to 4 Unit Property with FHA Financing in Alameda, CA8 Year Fixed to 30 Year Fixed. You Can Choose Your Loan Term In San Jose
