USDA is NOT JUST about Meat! It's a rural type home mortgage program offering 100% loan, no mortgage insurance, for just the right individual in the right outlying towns!
If you're thinking about moving into outlying regions, but NOT acreage type property, this loan may be for you. It's for those that want to live in small towns like Sealy, City of Katy (not Katy/Harris), Fulshear, Magnolia, etc. If the town at time of the last known census was less than 12,000 people it may quailfy for a USDA mortgage. The site to see if the property is eligible is: http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?NavKey=home@1
This loan also has income requirements and will require additional time to process since the loan must not only be underwritten by the lender, but also USDA.
If you have no cash and still want a home in an outlying region, this loan may be perfect for you and your family.
Call 832-771-7295 for more information.
Network Funding, LP NMLS 2297
COMPLAINTS REGARDING MORTGAGE BANKERS SHOULD BE SENT TO:
THE DEPARTMENT OF SAVING AND MORTGAGE LENDING
2601 NORTH LAMAR, SUITE 201
Austin, TX 78705
A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT: 1-877-276-5550
Network Funding 9700 Richmond Ave. Suite 320 Houston, TX 77042