USDA Loans. 0% Down Payment!!!!!!

By
Real Estate Mortgage Broker with www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo
http://actvra.in/7lt

USDA Loans are mortgages for Homes that are found in Rural areas.  If you are thinking of buying a home in a rural area you can not beat this loan option.  Here are the highlights for:

  1. You will not need a down payment.  That's right 0%!!!  FHA loans require a down payment of 3.5% and a conventional can require 5% or more. 
  2. And the seller can pay all or some of your closing costs.  This would allow you to get in the home with the least amount of money possible.
  3. You will not have any monthly mortgage insurance.  This will give you an even lower monthly mortgage payment then a conventional loan or a FHA loan.
  4. USDA loan is a government backed loan. 

To qualify for a USDA loan you must meet the income requirements and the home must fall in the designated Rural area.  You would be surprised to see which homes qualify, many fall in areas that you and I would not consider rural.  To find out if a home qualifies check out: USDA.  Call me Today to make sure you are getting the best mortgage possible. 

Posted by

 

 

 

 

David Krichmar 

Mortgage Banker NMLS#293883 NMLS

Core Lending dba of Weststar Mortgage Corporation

Branch NMLS#868672  WMC NMLS#93243

Has Written For Realtor Magazine, Houston Agent Magazine, Scotsman Mortgage Guide

 

Named 5 Star Mortgage Professional 2013

 

Named Top Mortgage Professional 2010,2011

 

Office:832-689-6012

David.Krichmar@gmail.com

www.DaveYourMortgageGuy.com

For More Mortgage Info Follow me at  Dave's Blog

DaveYourMortgageGuy.com is Voted the #1 Mortgage Professional in Houston, Texas.  2011

If you are looking for a FHA, VA, USDA, Homepath, Conventional, Jumbo, Construction, FHA 203k mortgage in Fort Bend County, Sugar Land, Houston, Katy, Harris County, Brazoria County, Pearland, Richmond, Bellaire, West University, The Woodlands, Kingwood, Friendswood, Clear Lake, Galveston, Fulshear, Tomball, Spring, Conroe, Montgomery County or anywhere in Texas I am your GUY!  

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  1. Amy Sharrow 04/18/2011 12:07 AM
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Topic:
ActiveRain Community
Location:
Texas Fort Bend County Sugar Land
Groups:
Texas Gulf Coast
Tags:
usda
mortgage
fha
no mi
mortgage insurance
0
down payment
no
fort bend
harris
montgomery
county
brazoria
texas

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Rainer
37,610
Amy Sharrow
Mountain Top Producers

We are currently in escrow with a buyer using this program.  So far so good.....

Sounds a little too good to be true, but a ray of hope for many these days, for sure!

March 24, 2011 02:05 PM
Rainmaker
304,244
David Krichmar
DaveYourMortgageguy.com
www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo

thanks Amy, yes it is an amazing program. 

March 24, 2011 02:11 PM
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Rainmaker
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David Krichmar

DaveYourMortgageguy.com
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