USDA Rural Development Home Loan

The United States Department of Agriculture (USDA) Rural Development Home Loan program allows buyers to be issued a mortgage with 0% down. Buyers can also rely on financial gifts from various sources, including friends and family, to cover the closing costs. The following steps will help outline the process: Ensure you will be able to afford the mortgage payments: Make copies of your last two federal tax returns, 60 days worth of pay stubs, Credit card and other loan statements, Retirement and other savings account statements, and Checking account statements. Contact a … [Read more...]