Financing in 66720>Question Details

Daisy, Other/Just Looking in 66720

Is there any loans avaiable,for someone with little or no down payment?

Asked by Daisy, 66720 Thu Apr 12, 2012

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The USDA offers Rural Development Laons with 0 down payment. This doesn't have to be for farms or country property.

FHA offers 3% down payment loans as well.
1 vote Thank Flag Link Thu Apr 12, 2012
Yes, a Rural Development Loan. Usually no money down. Nearest one to Chanute is in Iola. 620-365-2901, ask for Marilyn Dean.
0 votes Thank Flag Link Thu Aug 2, 2012
I just blogged about USDA earlier today. You can check my blog to find out any properties in the US that are eligilbe for USDA financing and your income limits for the area.

I only lend in CA but I thought the information might be helpful:
http://www.trulia.com/blog/michael_smith_mba_mpm/2012/04/wha…
0 votes Thank Flag Link Thu Apr 12, 2012
call your local lender. Most require a min of 3.5% down payment, but this may be a gift on some loans.
Good luck!
0 votes Thank Flag Link Thu Apr 12, 2012
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