Connecticut Home Buyers Like the USDA Guaranteed Rural Housing Development Loan

Astute home buyers in select Connecticut communities  are very interested in the USDA  Guaranteed Rural Housing Development Loan.

They find this mortgage particularly attractive because they:
usda 3•  Have the ability to finance 100% of the home’s appraised valueNo Down Payment is required
•  Don’t have to fear risking all their earned savings in a new home
•  Can take advantage of today’s low-interest rates
•  Afford a more expensive home and still enjoy low monthly payments

OVERVIEW
The USDA  Guaranteed Rural Housing Development Loan  offers many benefits to qualified buyers:
• Up to 100% Financing of the home’s Appraised Value – No Down Payment is required
• Ability to finance Closing Costs when the Appraised Value is higher than the sales price
• One  30 year fixed rate mortgage  at low-interest rates
• Buyers with <20% down payment can afford higher priced listings because Monthly MI is cheaper than premiums associated with conventional and FHA mortgages
• No Pre-Payment Penalty. No Re-Capture Tax.
• No limit on Seller Contributions. No limit on Gift Funds
» No Cash Contribution required from buyer
•  Credit Scores down to 620.

CAVEATS
The USDA  Guaranteed Rural Housing Development Loan does have a few restrictions:
•  The home must be in a USDA “designated rural area”
•  Adjusted household income can not exceed established income limits
•  Single-family Property only. Must  be buyer’s’ primary residence

My expertise with the USDA Guaranteed Rural Housing Loan expands my ability to provide you with the  “Right” home financing solution.

Call Me at 860.945.9284 to discuss your mortgage options and to take advantage of my FREE  Jump Start Mortgage Pre-Approval service.
You just might be able to move into your new home in select areas of CT with little or no out-of-pocket money and low affordable monthly payments.

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9 comments on “Connecticut Home Buyers Like the USDA Guaranteed Rural Housing Development Loan

  1. […] USDA Guaranteed Rural Housing Development Loan offers many benefits to qualified buyers: •   Up to 100% Financing of the home’s Appraised […]

  2. […] out to Rick Cignoli at 860.945.9284 to see if the USDA Guaranteed Rural Housing Development Loan is the right mortgage option for you  and to take advantage of his FREE Jump Start Mortgage […]

  3. […] out to Rick Cignoli at 860.945.9284 to see if the USDA Guaranteed Rural Housing Development Loan is the right mortgage option for you  and to take advantage of my FREE Jump Start Mortgage […]

  4. […] For up to 100% USDA Financing. Closing costs can be included in loan amount. Low rates! Reduced MI. Beats FHA and CHFA any […]

  5. […] First Home Buyers! Welcome to this charming 4 BR, 2B Ranch. It’s Eligible For up to 100% USDA Financing. Closing costs can be included in loan amount. Low rates! Low MI! Beats FHA and CHFA any […]

  6. […] It’s Eligible For up to 100% Financing with a USDA Rural Housing Development Loan. Closing costs can be included in loan amount. Low rates! Low MI! Beats FHA and CHFA any […]

  7. […] Me at 860.945.9284 for details on the USDA Guaranteed Rural Housing Development Loan and to take advantage of my FREE Mortgage Pre-Approval service Then call Marcus Santore at Marrin […]

  8. […] Call Me at 860.945.9284 for details on the USDA Guaranteed Rural Housing Development Loan and to take advantage of my FREE  Mortgage Pre-Approval service Then Call Toni […]

  9. […] go wrong with this affordable home. It’s eligible for Up to 100% Financing with a USDA Rural Housing Development loan. Closing Costs could be rolled into loan amount! Low rates! Low MI. Beats FHA any day! Call Me @ […]

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