For would be home buyers saving up for a down payment can be the hardest part of becoming a homeowner. Since the government changed lending restrictions and outlawed seller contributions towards a buyers down payment it has become increasingly hard for buyers to purchase that first home.
While this is not a new program, many homebuyers do not know aboutÂ USDA Rural development loans.USDA Rural Development loans are available in Stilwell, Spring Hill and Gardner Kansas. Usda Rural Development loans areÂ 100% financing with no mortgage insurance,Â an incredible monthly savings over a traditional FHA loan. Even better you can request that the seller pay your closing costs.
If you are considering purchasing a home in Stilwell, Spring Hill or Gardner and are in need of down payment assistanceÂ call Michael Russell at 913-735-7104Â to get qualified for a USDA Rural Development Loan and a list of qualifying properties.