FHA loans remain one of the most popular mortgage financing options in Texas. The FHA 203K version is basically the same as a regular FHA loan, with one key difference - this program allows for renovation costs to be included in … [Read more...] about Latest Texas FHA 203K Guide
USDA Loan News
How To Apply For USDA Rural Loan Pennsylvania
The USDA home loan is a mortgage program that is supported by the US government’s agriculture department. USDA stands for United States Department of Agriculture. The loan program provides prospective borrowers with an opportunity … [Read more...] about How To Apply For USDA Rural Loan Pennsylvania
Louisiana 100% USDA Rural Loans
Many home buyers today are not aware that USDA Rural Housing still offers 100% mortgage financing for eligible homes around the state. A USDA loan (Section 502) is a mortgage that is guaranteed by the United States Department of … [Read more...] about Louisiana 100% USDA Rural Loans
USDA Rural Housing Loan Background
It might sound a bit funny that the United States Department of Agriculture oversees a home loan program but it does, but why? The USDA loan does have a long history and has been referred to by other names over the years but today … [Read more...] about USDA Rural Housing Loan Background
First Time Buyer Loan Documentation
If you’ve never bought a home before and are seriously thinking about it, the process is much easier than you might think. Getting a mortgage simply means complying with typical loan guidelines and documenting via third party … [Read more...] about First Time Buyer Loan Documentation
USDA Loans and Credit Scores
Most USDA loans today require for a minimum credit score of 620 for approval. While that number isn’t a universal guideline most lenders and banks require this minimum. Some may even require a slightly higher score of a 640. … [Read more...] about USDA Loans and Credit Scores
100 USDA Loan Washington State
USDA Rural home loans are one of two last remaining 100 percent home loans still available in Washington State. The other option is a VA mortgage which requires current or past military duty. As with any mortgage, there are … [Read more...] about 100 USDA Loan Washington State
Arkansas USDA Rural Loan-Good for You?
Many home buyers purchasing property in one of Arkansas semi-rural communities have a great option with the 100% USDA loan. The United States Department of Agriculture & Rural Housing (USDA) still offers 100% financing through … [Read more...] about Arkansas USDA Rural Loan-Good for You?
100 Percent USDA Loan Texas Teachers
Most of the Teachers in Texas purchasing homes tend to be first time home buyers. Like most first time home buyers, down payment is often the main obstacle when purchasing a home. Most first time buyers just don’t have 10 or 20 … [Read more...] about 100 Percent USDA Loan Texas Teachers
USDA Streamline Assist Refinance
USDA Rural Housing has made some positive changes to their refinance program starting June 2016. The new USDA streamline assist refinance is available to help home owners that currently have a USDA loan on their house. This … [Read more...] about USDA Streamline Assist Refinance