USDA Rural Development Loans in Tennesse Are you wanting to buy a home in the state of Tennessee? Well, if you are willing to buy a home outside of a larger city you may benefit from a USDA Rural Development Loan. Backed by the United States Department of Agriculture, these “no down payment” loans are helping add a little ease to the home buying process. Popular Benefits of a USDA Rural Development Home Loan include: ■100% Financing up to the appraised value ■Ability to include closing cost into the loan if the home appraises for enough ■Flexible Tennessee credit qualifications(Perfect credit history not required. Qualify in as little as 3 years after bankruptcy) ■No loan amount limitations in Tennessee (loan amount is only limited by the USDA income limits for the local area) Tennessee USDA Rural Development Loans – Not for Farmers Take the note that the USDA Rural Development Loan Program is not intended for Tennessee farmers. Instead, it is intended to help benefit and strengthen smaller communities. Eligible areas located all over Tennessee can participate in the program, some of these areas are located just outside of major metropolitan areas. To be USDA Loan Eligible, the Tennessee property must be outside of city limits and located in an area of less than 20,000 residents. For more information on Tennessee Rural Development Loans, please "Apply Now" link, or call one of our experienced Tennessee USDA Rural Development loan officers at 1-866-435-6553.
Posted on: Wed, 10 Jul 2013 14:18:06 +0000
Trending Topics
Recently Viewed Topics
© 2015