Have you ever thought about buying a house out the in country? …away from it all?
…on a lot of land?
Then, this program may work very well for you. Here are some highlights…
1) Only 3% down payment.
2) Up to 417k loan amount.
3) No limit on the amount of acreage.
4) Property must be located in a rural area with a population of 2,500 or less.
5) Property should be owner occupied, detached single family home.
6) Minimum credit for this program is 680.
7) The value of the home must be at least 35% of the loan amount.
8) No limitations on the distance of the comps for the appraisal!
9) No limitations on the date of sale on the comps for the appraisal!
10) Property cannot be a major farm.
This isn’t the only rural program that I have. There are also USDA and FHA, but both have limitations that this program doesn’t.
If you want to purchase a home in the country – give me a call or shoot me an email. We’ll try to find a way to gitter’ done for you!
Brett
To see if you qualify for a mortgage right now – [ez_btn color=”red” url=”http://r20.rs6.net/tn.jsp?e=001ZsPIwUJX5myadWTNmLM40p3105ZmijvDiFaRrGk2pLk2d7djclcxFOoYDH4jnPL3eJxE31ln2mNnnAw0ngR6ZVSqyK469UA-NXaqmgNx4nv60si8YmjXb7hVgXOoXYQ1Vue1Rk486lymQk0v4CSfkA==”]CLICK HERE[/ez_btn] and fill out this simple application.
To sign up for my weekly mortgage quick tips – [ez_btn color=”red” url=”http://loansdonequickly.com/email-quick-tips-sign-up/”]CLICK HERE[/ez_btn].
Texas renters are spending more than 30% of their incomes on rent. It can be…
If you are looking for a home in the outer suburbs or in a rural…
If you have credit card debt it’s smart to consider a consolidation loan. If you…
I wanted to let you know we have a 2% to 5% downpayment and closing…
Do you have investment property, and would like to pull cash out of your property?…
Texas renters are spending more than 30% of their incomes on rent. It can be…