100% Financing - And We Pay Your Closing Costs!
Posted by Rebecca
Our communities are located in a USDA qualified rural area, giving you the option of financing your Fred Williams home with a USDA loan. In addition, we’ll pay $5,000 toward your closing costs if you use one of our preferred lenders in The Cove and $6,000 in Rice Creek, Lake Shore, Wind Song or Stone Walk.USDA Loan Facts:
- No downpayment required. FHA loans, on the other hand, require 3% down
- No PMI, unlike FHA
- Highly competitive 30-year fixed interest rates
- Credit guidelines are flexible
USDA Income Limits:
- You can make up to $73,600 per year if your household consits of 1-4 people
- Up to $97,150 if there are 5-8 people in your household