43 Beach Avenue Terryville CT For Sale – Eligible for 100% USDA Mortgage

Fully remodeled home with brand new kitchen, 3 bedrooms and 2 baths
Priced right for Millennial First Home Buyers!

And … It’s Eligible for Up to 100% USDA Financing.

The USDA Guaranteed Rural Housing Development Loan offers many benefits to qualified Millennial Home Buyers.usda 3
• No Down Payment Required! Finance up to 100% of the home’s appraised value.
• Ability to Finance the Closing Costs into the loan when the appraised value is greater than the negotiated sales price.
• One 30 year fixed rate mortgage at today’s low interest rates.
• Reduced Mortgage Insurance. Beats FHA any day.

43 Beach Ave Terryville (2)
https://www.realtor.com/realestateandhomes-detail/43-Beach-Ave_Terryville_CT_06786_M30883-42301

Reach out to Rick Cignoli to find out 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 Pre-Approval service.

Then call Janet Laviero at Select Realty Associates, LLC 860.583.9977
to schedule a showing and be ready to make an offer.

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24 Benedict St. Terryville, CT For Sale – Eligible for 100% USDA Mortgage

Fully remodeled home with brand new kitchen and 4 bedrooms
Ideal for Millennial First Home Buyers!
And … It’s Eligible for Up to 100% USDA Financing.

The  USDA Guaranteed Rural Housing Development Loan offers many benefits to qualified Millennial Home Buyers.usda 3
• No Down Payment Required! Up to 100% Financing of the home’s appraised value.
• Ability to Finance the Closing Costs into the loan when the appraised value is greater than the negotiated sales price.
• One 30 year fixed rate mortgage at today’s low interest rates.
• Reduced Mortgage Insurance. Beats FHA any day.

24 Benedict Terryville CT

https://www.realtor.com/realestateandhomes-detail/24-Benedict-St_Terryville_CT_06786_M30277-85144

Reach out to Rick Cignoli to find out if the USDA Guaranteed Rural Housing Development Loan is the right mortgage option for you.
Take advantage of his  FREE Jump Start Mortgage Pre-Approval service.
Then call John Petraroia at Property Partners Real Estate 203.217.8658 to schedule a showing and be ready to make an offer.

69 Hillside Ave, Plymouth, CT for Sale – Eligible for 100% USDA Financing

Incredible Price for this 4 bedroom home.
Ideal for Millennial First Home Buyers!
And…It’s Eligible for Up to 100% USDA Financing.

The USDA Guaranteed Rural Housing Development Loan offers many benefits to qualified Millennial Home Buyers.
• No Down Payment Required! Up to 100% Financing of the home’s usda 3appraised value.
• Ability to Finance the Closing Costs into the loan when the appraised value is greater than the negotiated sales price.
• One 30 year fixed rate mortgage at today’s low interest rates.
• Reduced Mortgage Insurance. Beats FHA any day.

69 Hillside plymouth

https://www.realtor.com/realestateandhomes-detail/69-Hillside-Ave_Plymouth_CT_06782_M30596-47525?cid=soc_shares_ldp_fb

Reach out to Rick Cignoli to find out if the USDA Guaranteed Rural Housing Development Loan is the right mortgage option for you.
Take advantage of his FREE Jump Start Mortgage Pre-Approval service. Then call your Realtor to schedule a showing and be ready to make an offer

10 Missy Road, Terryville, CT For Sale-Eligible for 100% USDA Financing

Raised ranch features large country kitchen with breakfast bar opening to bright living room with cathedral ceiling. Nicely situated on level lot in quiet country setting. Ideal for Millennial First Home Buyers

It’s Eligible for Up to 100% USDA Financing!

usda 3The USDA Guaranteed Rural Housing Development Loan offers many benefits to qualified Millennial Home Buyers
♦ Up  to 100% Financing of the home’s appraised value – No Down Payment Required
♦ Ability to Finance the Closing Costs in the loan when the appraised value is greater than the negotiated sales price
♦ One 30 year fixed rate mortgage at low interest rates
♦ Reduced Mortgage Insurance. Beats FHA MIP.

10 Missy lanehttp://www.realtor.com/realestateandhomes-detail/10-Missy-Rd_Terryville_CT_06786_M31668-61642

Reach out to Rick Cignoli to find out if the USDA Guaranteed Rural prequal-vs-preapprovalHousing Development Loan is the right mortgage option for you and to take advantage of his FREE Jump Start Mortgage Pre-Approval service.
Then call your Realtor to schedule a showing and be ready to make an offer.

 

 

 

 

100% USDA Loans Now Cheaper: Lower MI in 2017 for USDA Loans

usda 2The USDA Guaranteed Rural Housing Development Loan (aka USDA RHD Loan) is extremely popular with Millennial Home Buyers.  That’s because the program requires Zero Down Payment. That’s right… 100% Financing is available to purchase eligible properties in select areas of Connecticut.

And, it just got more attractive  Just in time for the New Year, the USDA lowered its new year.jpgUp-Front Mortgage Guarantee Fee from 2.75% to 1.00%. And… it also reduced its Monthly Mortgage Insurance Premium from 0.50% to 0.35%

The USDA loan is now one of the most affordable home loans available, This fee reduction makes the RHD less expensive than FHA products. A USDA home loan can make owning a home less expensive than renting one  and could be the avenue for Millennial Home Buyers to move into a new home in 2017. 

What Is a  USDA Loan? The United States Department of Agriculture partners with approved local lenders to assist homebuyers with competitive interest rates and loan terms to buy their primary residence in select areas of Connecticut

The Program Offers:
usda 3100% Financing – No Down Payment is Required. Coming up with a Down Payment is one of the biggest barriers to entry into the housing market for Millennial Home Buyers. A USDA mortgage eliminates that obstacle.

Closing Costs Can Be Rolled Into the Loan Amount. The closing costs associated with obtaining a mortgage can be included in the loan amount when the appraised value exceeds the contracted sales price.
Liberal Credit Scores. The USDA Guarantee allows lenders to approve mortgages that would not qualify under guidelines for other programs. Applicants with credit scores down to 640 are eligible for this loan.
Debt:Income Ratios: To qualify, you must meet debt-to-income requirements. The DTI ratio limits are 29% (for PITI) and 41%. The reduced fees make it easier to meet these ability to pay guidelines.

Millennial Home Buyers often chose the more expensive FHA loan program, even when they are buying in USDA-eligible areas. If you are buying in a suburban or rural area, it pays to check USDA eligibility maps. Choosing USDA can save you the 3.5% down payment that FHA requires. And, now that the reduced mortgage insurance fees are in effect, you can save money each month over FHA

Eligible home buyers should weigh the benefits of a USDA loan.

Thomaston CT Homes for Sale – Eligible for 100% USDA Financing

usda 3These selected Homes for Sale in Thomaston CT are Eligible for up to 100% USDA Financing with a Guaranteed Rural Housing Development Loan.

The USDA Guaranteed Rural Housing Development Loan offers many benefits to qualified buyers:
•   Up to 100% Financing of the home’s Appraised ValueNo Down Payment Required
•   Ability to Finance the Closing Costs in the loan when the Appraised Value is higher than the negotiated sales price
•   One 30 year fixed rate mortgage at low-interest rates
•   Reduced Mortgage Insurance beats FHA and increases buying power.

Call Me @ 860.945.9284 to discuss the right mortgage option for your family and to take advantage of my FREE Jump Start Mortgage Pre-Approval service.
With USDA Guaranteed Rural Housing Development Loan you just might be able to move in to a new home this New Year with a minimal down payment and low to no closing costs.

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52 Stoughton St, Thomaston, CT  

52-stoughton
It’s so much larger than it appears. Plenty of room to stretch out in this well cared for cape style home boasting 4 BRs with a full bath on each floor. Many possibilities for small. large or extended families.
Ideal for Millennial First Home Buyers.

174 Edgewood Avenue, Thomaston, CT
174-edgewood

Charming 4 BR ranch with many extras. Reduced price for New Year sale

 

 

Please Note; Most single-family properties for sale in Thomaston, CT are eligible for the USDA Guaranteed Rural Housing Development Loan program. Condos too, as long as the HOA meets FNMA and FHA guidelines. The program has liberal income limits and DTI ratios that might enable buyers of other high-end homes to qualify for this program. Call me for details.

52 Stoughton St, Thomaston, CT For Sale – Eligible for 100% USDA Financing

usda 3It’s so much larger than it appears. Plenty of room to stretch out in this well cared for cape style home boasting 4 BRs with a full bath on each floor. Many possibilities to accommodate small. large or extended families. Ideal for Millennial First Home Buyers.

And it’s Eligible for Up to 100% USDA Financing.

Closing Costs can be rolled into loan amount.
Low Rates! Reduced MI. Beats FHA and CHFA any day.

52-stoughtonhttp://www.zillow.com/homedetails/52-Stoughton-St-Thomaston-CT-06787/57821597_zpid/

Reach 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 Pre-Approval service.

Then call Kristen Butts at Clemens & Sons to schedule a showing and be ready to make an offer.