Sunday, October 4, 2009

Why Rural housing???? 100% Financing baby!!!

  1. 100% financing of the sales price!!!!
  2. Actually, if the house appraises for more you can use the appraised value as the base loan!!! Yes, that is correct!!! That means we can roll some closing costs into the loan!
  3. If repairs are needed this loan can roll the repairs into the loan!!!!

Does your listing qualify for Rural Housing? Is your client looking in Rural Housing areas? You would be surprised at what's classified as Rural.

Use this property eligibility link to see:http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do

There are many other restrictions on this Rural Housing program please give me a call to explore the possibilities, 804-615-7773, kjacocks@union-mtg.com