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USDA 100% Mortgage: A Thing of the Past?

Published
by
Gina Pogol
on September 30, 2009
in New Home Loan
. 0 Comments

You’ve heard it here before–this product, sponsored by USDA Rural Development, allows borrowers to get 100% financing at a low fixed interest rate if the property is in designated rural areas–which aren’t limited to the back of beyond. Property just outside city limits is often considered rural for the purposes of geting these loans. But you may have to hurry. Continue reading ‘USDA 100% Mortgage: A Thing of the Past?’

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A 4.375% Mortgage Rate? With NO Down Payment?! You Bet!

Published
by
Gina Pogol
on January 28, 2009
in New Home Loan
. 3 Comments

The U.S. Department of Agriculture Rural Development agency is reducing its interest rates on direct home loans to 4.375 percent. The change is effective on February 1st.

USDA Rural Development is committed to increasing home ownership in rural areas and is reducing the interest rate on home loans. Click here for more information about how you can qualify for this ZERO-DOWN program. Continue reading ‘A 4.375% Mortgage Rate? With NO Down Payment?! You Bet!’

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