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Wesdean13, Home Buyer in Farmersville, TX

Anyone know of any credit unions in the Dallas area that offer USDA guranteed loans?

Asked by Wesdean13, Farmersville, TX Thu May 12, 2011

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Scott Butcher’s answer
Wedean13,

I don't know of any D/FW credit unions that offer USDA loans; however, I can tell you that my firm offers them throughout the State of Texas.

Some of the program highlights include:
-Up to 100% Financing
-3.5% Up Front Mortgage Insurance Fee (rolled into loan)
-No ongoing mortgage insurance
-No minimium credit score required. 619 FICO or less does require documentation of creditworthiness
-Unlimited seller concessions

Let me know if you need any further information

You can check to see if your property is eligibile for USDA Financing here: http://eligibility.sc.egov.usda.gov/eligibility/welcomeActio…

Good luck in your search.

Scott Butcher
Mortgage Banker
Maker Capital Group, LLC
512-796-7738
scott@makercapitalaustin.com
0 votes Thank Flag Link Thu May 12, 2011
I just represented a buyer who used a local bank to fund a USDA loan. Contact me if you would like to discuss further.

Regards,

Charles

--

Charles Fansler
Ebby Halliday Realtors
http://charlesfansler.ebby.com
972.210.1331 - cell

On Facebook at:
https://www.facebook.com/NorthTexasProperties

Information on Brokerage Services:
http://www.trec.state.tx.us/pdf/contracts/OP-K.pdf

Email sent or received shall neither constitute acceptance or conducting transactions via electronic means nor create a binding contract until and unless a written contract is signed by the parties.
0 votes Thank Flag Link Sat Feb 22, 2014
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