Home Buying in Belton>Question Details

Renedoshier, Home Buyer in Temple, TX

I am only going to be approved for 50,000 loan. Any more listings for hud homes besides hud homestore. For temple belton?

Asked by Renedoshier, Temple, TX Sat Sep 22, 2012

Thanks for answering my questions. Also what about yada loan? Do you know anything about house on 404 9th St. Belton.

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Answers

1
Hi Renedosier,

If you're only approved for a $50,000 mortgage you may want to look into the USDA Direct mortgage since they can subsidize the mortgage through below market interest rates. By subsidizing the mortgage, you should be able to qualify for a higher purchase price which will give you more options.

Call the local office in Temple on Monday and ask about the USDA Direct mortgage.

RD STATE OFFICE
USDA RURAL DEVELOPMENT
101 S MAIN ST
TEMPLE, TX 76501-7602
(254) 742-9700
0 votes Thank Flag Link Sun Sep 23, 2012
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