Reader Question: Can Closing Cost be financed with a VA Loan?
I received this email from one of our subscribers: ”…with a VA mortgage, can you finance buyer closing costs...
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USDA Rural reveals proposed new boundaries for Zero Down Mortgages
USDA Rural loans offers zero down financing to homes located in specific rural areas and to qualified borrowers who’s households...
read moreUpdate on USDA Zero Down Rural Home Loan Program
USDA mortgages offers home buyers the opportunity to buy a home in a designated rural area with zero down payment. Area’s...
read morePotential changes to USDA Zero Down Mortgages
USDA mortgages are available with zero down payment to borrowers under certain income limits who want to buy in a designated rural...
read moreUpdated Income Limits for USDA Zero Down Home Loans
USDA recently published updated income limits for their zero down mortgage program which is available in rural areas. Other...
read moreIncome Limits for USDA Zero Down Rural Loans
EDITORS NOTE 2/13/2013: UPDATED USDA INCOME LIMITS ARE PUBLISHED HERE. USDA offers a government backed program that allows zero down...
read moreUSDA fees increasing for 2013 effective October 1, 2012
Beginning October 1, 2012, USDA will be increasing their guarantee fee and annual fee. USDA’s guarantee fee is much like a...
read moreUSDA Refinance Funds No Longer Available for 2012
We received this notice late last week from USDA: FY 2012 refinance funds are exhausted. At this time, we are unable to process any...
read moreUSDA Rural Development Mortgage Guarantee Fees for 2012
USDA offers zero down financing in designated rural areas to households under certain incomes. In rural King County neighborhoods,...
read moreIncome Limits and Property Qualifications for USDA Rural Loans in Washington
NOTE: INCOME LIMITS HAVE BEEN UPDATED SINCE THIS POST WAS PUBLISHED. USDA is a government backed program that allows zero down payment...
read moreOctober Brings Few Treats for Mortgages
Effective October 1, 2011, several changes are set to take place that will impact new mortgages, including Conforming, FHA...
read moreDramatic Changes proposed to USDA Rural Loans effective October 1, 2011
Beginning October 1, 2011, USDA Rural Loans may an have annual mortgage insurance (like FHA, paid monthly) and will reduce the upfront...
read moreHow much can Sellers contribute towards Closing Cost?
If negotiated in your purchase and sales agreement, a Seller may agree to chip in towards some or all of your bona fide closing costs,...
read moreIncome Limits and Property Qualifications for USDA Rural Loans
NOTE: USDA INCOME LIMITS HAVE BEEN UPDATED SINCE THIS POST WAS PUBLISHED. USDA is a government backed program that allows zero down...
read moreUSDA Zero Down Financing Available in King, Pierce, Kitsap and Snohomish Counties
12/10/11 EDITORS NOTE: Like many mortgage programs, some of the guidelines and features to USDA loans have changed since the original...
read moreHow Much Do I Need for Down Payment to Buy a Home?
When you buy a home, most loans require a down payment. A “down payment” is the difference between the loan...
read moreCan I Convert My Existing Home to an Investment Property to Buy My Next Home?
This is a common question I’m asked these days…mostly because many home owners don’t have as much equity as they...
read moreUSDA Loans offer 100% Financing
EDITORS NOTE: Please check out this updated post (May 2011) on USDA financing for homes located in Washington State....
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