News You Can Use

Few people know that the USDA GUARANTEED RURAL DEVELOPMENT  loans offer 100% financing with no monthly Private Mortgage Insurance.  There are geographic limitations as well as income limitations. Just because the word RURAL is in the program's name, it doesn't mean we are talking farmland.  Rural is defined as areas that are not densely populated. and have fewer neighborhoods.  You might be surprised at how many neighborhoods qualify.

Also when it comes to USDA Rural Housing loans, the seller can pay closing costs up to 6%. When you combine these benefits with the available tax credit of up to $8,000 for first time home buyers,THE BENEFITS OF BUYING A HOME IS A NO BRAINER.

To learn more about this program or to find out which areas qualify, just send me an e mail to lauraapont@aol.com or call Laura Sanchez at 813-451-0239

 


Posted by Laura Sanchez, PA on May 14th, 2009 7:50 AMPost a Comment (0)

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