We Still Do USDA Guaranteed Rural Housing Loans!

By
Real Estate Mortgage Broker with Inlanta Mortgage of Madison NMLS ID #208789

New USDA Rural Housing guidelines and funding fee increases are coming , but we see no reason to stop processing and approving these loans. The funding fee will rise to 3.5% of the mortgage amount to strengthen the insurance fund and reduce the number of times the USDA has to lobby Congress for more money. This fee can still be rolled into the mortgage, making Rural Development the most economically attractive way to purchase a home.

There are re-drawn county maps proposed, that will change the areas of availability. I will post additional details of the program on my blog as details come out but rest assured, we are still doing USDA loans!

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Topic:
Mortgage / Finance
Location:
Wisconsin
Tags:
usda rural housing
wisconsin usda rural housing
illinois usda rural housing
minnesota usda rural housing
florida usda rural housing
usda

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Rainmaker
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Cory Kessenich

Wisconsin Mortgage Loan Officer
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Your local Wisconsin, Illinois, Minnesota and Florida mortgage banker, offers first time home buyer, refinance, jumbo, fha 203k rehab loans, reverse mortgages, no money down, current mortgage rates, refinance, 100% financing, conventional financing, interest only, FHA loans, VA loans and USDA rural housing loans. Inlanta Mortgage NMLS ID #1016 Visit us online at www.MadisonMortgageguys.com Toll Free: 877-240-5810