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Rural Mortgage Home Loans |
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Written by Paul Dunn
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Monday, 16 June 2008 13:25 |
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Rural mortgage home loans are dedicated to the preservation of rural communities. This program is administered through the US Department of Agriculture, features 102% financing for qualified moderate income familes looking to buy single family homes. Arizona USDA Rural Home Loans is your on-line resource for up to the minute information on the USDA Rural Home Loan.
- Zero down payment required
- Average cash to close in Arizona is $158.70
- Declining markets are not a factor
- There is not currently a minimum credit score
- No monthly mortgage insurance makes this loan the cheapest loan available to the public
- May be used for construction or repairs on property being purchased
QUALIFYING AREAS
Tucson - North of Tangerine and South of Valencia are generally qualifing areas. Rancho Vistoso is a qualifying area.
Phoenix - Queen Creek, San Tan, Komatke, Waddell, Wittmann, Rio Verde and Fort McDowell are all qualifying rural areas.
To determine if a property you are interested in qualifies for the rural home mortgage loan program, send an email to
This e-mail address is being protected from spambots, you need JavaScript enabled to view it
with USDA RURAL in the subject line.
Click here for FREE pre-approval for a guaranteed rural home loan.
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Last Updated ( Wednesday, 23 July 2008 16:37 )
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