Mortgage Advice > If i get a usda loan am i eligible for a second mortgage on the property?

If i get a usda loan am i eligible for a second mortgage on the property?

I am looking at purchasing my first home via usda loan. my question is, are second mortgages allowed on usda loans? Martinsburg,WV | May 5th 2011
by vickive... Answer

by Tim Sim...

Yes once the loan is closed you can get a second just not in the initial transaction.. Tim Simpson

May 5th 2011

by bmcfed

You can go up to 100% financing on USDA loans in some cases. There is very little available in terms of second loans especially above 80% loan to value.

May 5th 2011

Question
Recent Questions

Ask a Question

Get this widget