Ameristar Mortgage Blog

In today’s shrinking credit market, USDA rural housing loan programs are one of the best 100% mortgage financing options in the marketplace.

 Here’s more information about our Rural Housing loan program and how it works:

• A 30-year fixed rate mortgage loan for 1-unit primary residence properties
• Up to 100% LTV (loan-to-value) allowed based on the appraised value
• Up to 6% seller contributions allowed
• No minimum contribution from the borrower’s own funds required
• Borrowers can finance closing costs into the loan amount up to the maximum LTV amount
• Low, 2% upfront mortgage insurance premium financed into the loan amount
• No monthly mortgage insurance payments required.

Visit our Rural Housing page on our website for additional Wisconsin and Illinois rural housing program requirements.

Dennis Hardy
Local: (608) 242-0826 x23
Toll Free: (877) 240-5840
dennis.hardy@ameristarmadison.com
www.AmeristarMadison.com

Visit my blog at http://www.ameristarmadison.com/blog/

Visit my rural housing blog post at http://www.ameristarmadison.com/blog/content/wisconsin-and-illinois-rural-housing-mortgage-loans/