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Lender411.com >> Articles >> Loan Programs
Matt Spinn

ZERO DOWN-USDA IS BACK

Wednesday, August 18, 2010 - Article by: Matt Spinn - Message

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Hurray!! USDA is back. We are now underwriting USDA loans. the congress has passed the appropriations bill and the President has signed the bill. The program is basically a $0 down program with no monthly MI. Here are the details:

* Property must be in a UDA rural designated area

*Adjusted Family Income cannot exceed $84,900

*You cannot own a home at the time of closing

Call me today for details..

Matt Spinn

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