Pay No Down Payment. Ask about a USDA Home Loan. This may be a good loan if you are planning on moving to a Rural Area. Example: Powhatan, Goochland, Amelia, Caroline, some parts of Chesterfield like the Matoaca Area Is A USDA Home Loan For You? USDA loans are designed by the government to help medium income Americans living in rural and suburban communities buy a new home. 1. You pay no down payment. 2. You get low 30 year fixed interest rates. 3. Flexible credit criteria if you have a bad credit history you can still qualify. 4. No maximum purchase price. 5. You don’t have to be a first home buyer. 6. No reserve requirements – you don’t need several loan repayments in the bank. 7. High income limits. 8. All property types are allowed. 9. Gives you the financial freedom to move into your new home.
Posted on: Sun, 16 Nov 2014 16:25:46 +0000
Trending Topics
Recently Viewed Topics
© 2015