USDA just published new household income limits for the 502 Guaranteed Loan program. The newly increased income limits will be in place for the remaining part of 2023, and into most of 2024. (NOTE: please see the new update … [Read more...] about New 2024 USDA Mortgage Household Income Limits
USDA Loan News
How Does USDA Determine Eligible Areas?
USDA Rural Housing loans have two primary requirements buyers should know about. One is the amount of income a household may earn in order to qualify. The USDA loan income requirements are based on the number of wage earners in … [Read more...] about How Does USDA Determine Eligible Areas?
USDA Loan Payment Calculator
Home buyers will want to ensure they use the USDA loan payment calculator located on the right side of our website homepage. This is a great tool that helps buyers accurately figure out monthly mortgage expenses. The USDA … [Read more...] about USDA Loan Payment Calculator
Pensacola VA Mortgage Details
The VA home loan program was originally part of the Serviceman’s Readjustment Act of 1944 and provided a host of benefits to returning soldiers after WWII. One of these benefits was the VA home loan program which allowed the … [Read more...] about Pensacola VA Mortgage Details
Georgia USDA Rural Development Loans
The USDA Rural Development 502 Guarantee Loan is a federally funded program allowing approved lenders and banks the ability to offer 100% financing to eligible home buyers in Georgia. In fact, all 50 states have eligible locations … [Read more...] about Georgia USDA Rural Development Loans
Alabama Rural Housing Loans
Alabama Rural Housing loans offer a way for first-time home buyers to purchase a home with no down payment. The truth is home buyers just don't have a lot of options to purchase a home with zero down payment. In fact VA and USDA … [Read more...] about Alabama Rural Housing Loans
2023 FHA Home Loan Benefits
The FHA loan program has remained a popular mortgage financing source for many home buyers across the nation. Many home buyers need home loan options that offer min down payment like the FHA program. In addition to the low 3.5% … [Read more...] about 2023 FHA Home Loan Benefits
Comparing USDA-FHA Loans
The USDA Rural Housing program basics are pretty much the same from lender to lender. But a trained expert will know how to quickly identify if the areas you’re shopping are eligible (this program can only be used in areas … [Read more...] about Comparing USDA-FHA Loans
Lakeland Polk County USDA Home Loan
The Lakeland USDA home loan has become a great resource for many first-time home buyers in recent years. USDA Rural mortgages offer several benefits, keeping in mind the limited savings most first-time buyers have. The USDA 502 … [Read more...] about Lakeland Polk County USDA Home Loan
Atlanta FHA Program Details
FHA loans are by far one of the most popular mortgage loans available in Georgia today. The Federal Housing Administration (FHA) loan mortgage is great for Atlanta area home buyers that want to purchase a home with little money … [Read more...] about Atlanta FHA Program Details