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rural home loan usda

by newtengrg238 from Chaska, Minnesota. Jul 1st 2016 Reply


What would you like to know about them?

Jul 1st 2016
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David Ortega (DavidOrtega)
#56 ranked lender in Minnesota - 226 contributions

The USDA Rural Home Loan is a great program that offers up to 100% financing to buy a rural home. Did you have any particular questions on this program?You can also see what areas are eligible at http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do

Jul 1st 2016
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Scott Fix (ScottFix)
#1330 ranked lender in California - 184 contributions

David hit the nail on the head!! USDA is a great option for those properties that meet their area criteria etc. Up to 100%. Good luck with the home buying experience. Scott.

Jul 1st 2016
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Jericho Cherry (Jerichocherry)
#58 ranked lender in Virginia - 1,107 contributions

Follow David's advice and you should be okay.

Jul 1st 2016
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,055 contributions

The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. Once they see your complete loan profile, they will be better equipped to advise you properly. They can also put together a side by side comparison so you can see which way would be most beneficial to you.. Also, by applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Jul 1st 2016
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,571 contributions

I love USDA rural loans, and do them all the time here in MN. You'll need to go a bit further west than Chaska MN to qualify for the rural loan, but not too far. Visit my USDA site at www.JoeMetzler.com/usda for more information.

Jul 5th 2016
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