Financing in Rhinebeck>Question Details

Laurie, Other/Just Looking in Pawling, NY

what do you think of the USDA loan?

Asked by Laurie, Pawling, NY Thu Jul 2, 2009

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The USDA program is fantastic for those buyer that have limited down payment and meet the eligibility requirements.

USDA Mortgage Hub
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0 votes Thank Flag Link Thu Nov 12, 2015
Laurie, you should definitely make sure Rhinebeck is a qualifying area and that your income(s) fit the guidelines, as well as your use of the property. Good luck!
0 votes Thank Flag Link Fri Jul 3, 2009
There are so many opportunities within Dutchess County because of the rural lay-out and buyers should serioulsy consider taking advantage of the USDA loan. It's like the best kept secret. Why not go for it?
0 votes Thank Flag Link Fri Jul 3, 2009
I refer many buyers and re-fi clients to M&T in Rhinebeck. Melissa Landolfi is great.
0 votes Thank Flag Link Fri Jul 3, 2009
It is a great loan to use in Pawling and the eastern Dutchess area. I send the buyers I work with to Hudson Valley Federal Credit Union to get pre-approved for it. Please let me know if you have any other questions about it.

Gregory D. Schreiber
Keller Williams Realty Team
0 votes Thank Flag Link Thu Jul 2, 2009
They are fine. My mother lives in a Rural Area and has not had any problems with USDA.

If the fees are right Go For It. I also know that as a lender they are very open to 'working with' their borrowers. No worries, they just used to concentrate on Rural Communities..they are legit.

Good Luck,
0 votes Thank Flag Link Thu Jul 2, 2009
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