Sentences with phrase «rural housing loans do»

USDA rural housing loans do not have a house price limit.

Not exact matches

And, suppose the housing bubble doesn't burst and continues rising for the life of your loan, or the city expands into the rural area you purchased your home.

The USDA offers a no - money - down loan that is often referred to as a Rural Housing Loan, though it doesn't apply only to rural arloan that is often referred to as a Rural Housing Loan, though it doesn't apply only to rural aRural Housing Loan, though it doesn't apply only to rural arLoan, though it doesn't apply only to rural arural areas.

The Rural Housing Service wants to help low - and very low - income applicants who do not qualify for the Section 502 Guaranteed Loan Program by advising them about the Section 502 Direct Loan Program.

Do you have clients hoping to buy a home using a direct loan from the federal Rural Housing Service?

[QUOTE] To apply for a direct loan, your clients don't ho to a lender; they go to the Rural Housing Service field office in your area.

Yes, it does require a little more paper work with the FHA, need to have the 203K Consultant involved and handle inspections / appraisals and such, but the fact that I can get into a property, have up to 6 months of mortgage payments included in the cost of the loan so that we don't have to worry about double rent / mortgage payments, rehab my primary residence the way we like it, save a 1930 - 1940's era farm house, and then refi into a conventional cash out mortgage later on and use that equity to go buy rental properties... nice way to get started, without having to put up a lot of cash or live next to tenants / in town (I'm a RURAL kinda guy).