Eligibility Tool for the USDA Rural Development 100% Financing Loan


Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1093

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1105

Warning: Illegal string offset 'status_txt' in /home/britips/public_html/wp-content/plugins/share-and-follow/share-and-follow.php on line 1132

You may be surprised to learn that the U.S. Department of Agriculture offers loans for home owners.  As a part of the USDA Rural Development program, they strive to help families become successful homeowners by offering 100% financing for qualified buyers.

If you are a real estate investor that sells homes to first time home buyers in rural areas, you need to know about this eligibility tool from the USDA.  This is especially important for real estate investors when performing your due diligence on a home you are considering to buy.  If the home qualifies as USDA eligible, you then know that you can resell it to a buyer using 100% financing.

And, unlike FHA, USDA does not impose any seasoning requirements on real estate investors that sell in less than 90 days!
___________________________________________
Rob Caldwell is a Development Agent with HomeVestors® of America and is based in Lake Lure, North Carolina. Rob’s role is to recruit, train and support HomeVestors franchise offices in North and South Carolina. Since 2004 Rob has bought more than 100 houses through the “We Buy Ugly Houses®” franchise system. If you are interested in a HomeVestors franchise in the Carolinas, contact Rob today! Rob.Caldwell@homevestors.com or 828-625-5836.

One Response to “Eligibility Tool for the USDA Rural Development 100% Financing Loan”

  1. Carajean says:

    I love reading these arictels because they’re short but informative.

Leave a Reply

You need to enable GD extension in order to use Simple CAPTCHA.