The USDA home loan is one of the three current government-backed home loans. The other two are the VA loan and FHA program. They’re all considered government-backed because each provides some level of backing should an individual … [Read more...] about USDA Home Loan Process
USDA Loan News
How Long Does It Take To Close USDA Loan?
We often receive questions regarding how long does it take to close USDA loan? In this post, we will shed some light on the USDA mortgage closing process and the timelines involved. First, it's important to understand the USDA … [Read more...] about How Long Does It Take To Close USDA Loan?
Arizona USDA 502 Housing Program Guide
USDA stands for United States Department of Agriculture. In the past, many people thought of USDA as “farmer loans” mostly used to purchase homes only in country agricultural areas. That is not so much the case today with the USDA … [Read more...] about Arizona USDA 502 Housing Program Guide
USDA Home Loan Benefits
US home buyers still have one good no down payment - USDA Rural Home Loans. 100% financing makes USDA loans among the most desirable of loan programs for home buyers located in approved locations. The only other programs out … [Read more...] about USDA Home Loan Benefits
USDA Rural Housing 2024 Fee Chart
The USDA Rural Housing 2024 fee chart is listed below. Please note the guarantee fee and annual fee apply to both USDA purchase and refinance transactions. The new 2024 USDA guaranteed fee structure will stay in place through the … [Read more...] about USDA Rural Housing 2024 Fee Chart
95% Jumbo ARM, Fixed Rate Phoenix, AZ
95% Jumbo loans are coming back in Phoenix through a select number of lenders and banks. 95% Jumbo ARM, Fixed Rate Phoenix, AZ: When you talk about jumbo mortgages, the loan amount the lender or bank lends is larger than the … [Read more...] about 95% Jumbo ARM, Fixed Rate Phoenix, AZ
FHA Loan Offers Great Alternative
Not everyone lives in a USDA Rural eligible location. For home buyers that reside in more populated cities, FHA can be a great alternative. The FHA loan can be especially good for first-time home buyers that need a mortgage that … [Read more...] about FHA Loan Offers Great Alternative
Arizona USDA Rural Housing Loan Guide
USDA stands for United States Department of Agriculture. In the past, Many buyers think of USDA as “farmer loans” mostly used to purchase properties in strictly agricultural areas. That is not so much the case today with the USDA … [Read more...] about Arizona USDA Rural Housing Loan Guide
Searching For USDA Houses For Sale
We often field questions from home buyers regarding where they can search for and purchase USDA home for sale. It's important to keep in mind that USDA Rural Housing doesn't actually sell homes. In fact, nearly most homes that … [Read more...] about Searching For USDA Houses For Sale
Where Can You Use a USDA Loan? You’ll Be Surprised
The United States Department of Agriculture, the USDA, sponsors multiple programs designed to assist those living in rural areas. One of the more important programs is the program helps low to moderate-income individuals buy and … [Read more...] about Where Can You Use a USDA Loan? You’ll Be Surprised