USDA Loans are perfect for people who want a home in a little more rural area. USDA Loans have no down payment requirement, and Sellers can pay closing costs… meaning you can buy a home with a USDA Loan with PENNIES out-of-pocket! The payments and Mortgage Rates for USDA Loans are some of the lowest […]
Fortunately, earlier this year, USDA decided to migrate over to Bing Maps. This makes mapping the areas that qualify for USDA Home Loans in Orange County NC so much easier! I’m not sure why that is, but some of the roads (as I read them) on the USDA Home Loan Mapping System are indicated as […]
The Single Family Housing Origination Department of the USDA Home Loan Program announced yesterday that they should have their computer systems up and running to accommodate the changes required by Congress in their fees. Since the end of May, USDA has been issuing “Conditional” approvals… and because of that, Wells Fargo, Bank of America (and […]
The Congress and the Fed and Secretary Paulson all worked miracles to get a stimulus package passed in record time… they forgot one little thing, VETERANS! With the new stimulus package, he goal is to get more people buying houses. And one of the ways they’ve done that is by having the US Government purchase […]
USDA was once called Rural Economic Development – and prior to THAT it was called Farmer’s Home – but it’s all the same thing. The loan is designed for folks living in a more rural setting. There are TONS of places in North Carolina, and near metropolitan areas like Raleigh and Charlotte that qualify for this program.