Your way to 100% Financing for Arlington USDA Loans
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Arlington residents can now get 100% financing with a USDA loan.This USDA loan program is termed for "rural housing" but in reality it is for very close by areas to the metroplex. Please see below for qualifications: - 100% Financing Available- Small Monthly Mortgage Insurance (.30% of loan amount per year)- Interest Rates are still very competitive compared to Conventional and FHA. The two largest features of a USDA loan is the fact it is true long term fixed rate financing on a 100% loan. Very low MI (which stands for Mortgage insurance) when compared to other loan programs. Below are some features for qualifying for a USDA 100% home loan: Home must be in an eligible USDA area as defined by Congress. To see if a property or areas you are interested in qualifies geographically- just g...
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