USDA & FHA Mortgage Source

USDA Mortgage Source is currently processing all newUSDA home loan applications same day!  Call today and have a credit decision the same day.  Questions ? We are here to help 7 days a week.  Please be sure to stop by our web site at www.UsdaMortgageSource.com to learn more or us a call at 904.3...

We receive many questions regarding the time frame for USDA home loans –  approvals and closings. Below is a little clarification on what to expect (time wise) while going through the USDA home buying process. The USDA application or USDA loan pre approval process is generally completed within t...

Are you a Florida home buyer searching for a minimum down payment home loan in a more populated Florida location?  Take a look at the FHA Home Loan at www.FhaMortgageSource.com  The FHA home loan is a great option for Florida home buyers looking to purchase a home in the major metro cities with ...

USDA / Rural Housing just announced that starting October 1st 2011 the USDA up front (one-time) Guarantee Fee will be changing. In addition to this, USDA /Rural Housing will be adding an annual fee to the program. The basics and a little background - Like all Government home loans (FHA,VA,USDA) ...

Great news released today from USDA / Rural Development regarding the proposed USDA eligibility map changes that were scheduled to happen in coming months. USDA now says the property eligibility location changes have been canceled for now!  For exactly how long is unknown, but appears everything...

The current closing time for the USDA home loans in Florida is around 35-40 days. This is from the time of full contract. Please note the USDA home loans do take a few weeks longer due to the secondary approval process required from USDA Rural Housing. Click here for more USDA closing time inform...

Requirements for refinancing to a USDA mortgage -  We receive many questions about the 100% USDA home loan and using this program to refinance an existing mortgage.  First and foremost -  the mortgage you currently have must be a USDA Mortgage. You cannot use the USDA loan to refinanced out of an...

Florida - 100% USDA Home Loan Requirements - Like all home loan programs, the USDA mortgage requirements have changed over the past few years. Keeping up with the all the recent  mortgage program changes can be a challenge to say the least. The most notable USDA loan changes over the past few yea...

The USDA Rural Development Home Loan is the last remaining no down payment government insured mortgage program for Florida civilians. The USDA mortgage program is designed to help promote homeownership less populated locations around Florida.  Many people assume the USDA loan program is only for...

          USDA Mortgage Source is processing all new Florida USDA - Rural Developmentloan applications same day. That’s right, complete your full USDA mortgage application and have a decision on the same day!  We take the time to educate you about all the USDA – Rural Development eligibility req...