Buyers with Little or No Cash???
Don't let that stop you from selling them a home.
- No Down Payment Required For Qualified Buyers*
- Up to 6% Sellers Assist to cover closing costs
- 30 Year Fixed Rate Loan
- No Buyer Cash Contribution OR Reserves Required
- Minimum Credit Score 620
- Guarantee Fee Can Be Financed*
- Borrower Must Meet Adjusted Household Income Limits
The Rural Housing Loan program, sponsored by the U.S. Department of Agriculture Rural Housing Service is designed to make homeownership more affordable in rural communities. Properties must be located in rural areas-generally towns that are removed from an urban area.
USDA Guaranteed Loan is Government insured Generally any area outside of an urban or heavily-concentrated suburban area would be considered rural for this program. Cities with populations under 50,000 are generally all eligible. Just about every county in Pennsylvania and New Jersey has eligible areas.
100% purchase loan. These Loans are offered and serviced by direct lenders that meet federal guidelines.
Call me for complete details, 610-291-6415