Illinois Rural Housing and Wisconsin Rural Housing Mortgage Loans
Posted by Dennis Hardy on May 5, 2008
FANNIE MAE and FREDDIE MAC AGREE…. NO RESTRICTIONS ON GUARANTEED LOANS! Many affordable lending products are experiencing higher Loan Level Price Adjustments (LLPA’s), rate adjustments, or Loan To Value (LTV) caps (especially in declining markets). USDA Rural Development is proud to announce that Guaranteed loans are NOT party to any of these restrictions! Rural Housing program information [...]Wisconsin and Illinois Rural Housing Mortgage Loans
Posted by Dennis Hardy on Mar 25, 2008
Wisconsin rural housing and Illinois rural housing mortgage loans are no money down loans available to homebuyers that meet income and property location eligibility requirements. Determine if the property is within the Rural Development eligible area. Determine if your adjusted household income is within Rural Development limits. The Advantages of a rural housing loan: No Down payment is required. [...]Posted in Chicago Mortgage Programs, Illinois Mortgage Programs, Madison Mortgage Programs, Milwaukee Mortgage Programs, Rural Housing Loans, Wisconsin Programs || No Comments »
