Home Buying in 31322>Question Details

Sara84, Home Buyer in 31322

Looking for a lender and realtor familiar with USDA loans. looking to begin my first home purchase.

Asked by Sara84, 31322 Mon May 2, 2011

Help the community by answering this question:


USDA is a 100% financing offered on properties in "rural areas". Currently all of Bryan and Effingham Counties qualify. As far as Chatham County the property must be West of I95. USDA Guaranteed loans are for median income households, but they do take into account all household income. Even if you have a teenager in the home working that income must be counted. There are also direct loans offered from USDA for lower incomes. There is the serious possibility that the qualifying areas for USDA may change in March. As we all have seen the growth in Pooler, it is not so rural anymore.

Many times if you are considering a property that qualifies for USDA you need to let your Lender know. The Lender may not offer this loan as a first option because it does limit where you can purchase. One slight draw back with USDA is there are two under writing processes, so the loan process can be a little longer. But the wait is worth 100% financing. Most local Lenders do offer USDA Guaranteed loans.
2 votes Thank Flag Link Fri Nov 30, 2012
Since I am not licensed in GA, I can only offer you this. Find a good Realtor in your area and ask them if they know a good direct lender who is USDA Direct. In the meantime, read my article about the USDA Rural Development Loan I hope it helps.


Best of Luck!
Web Reference: http://www.AFN-Loans.com
2 votes Thank Flag Link Tue May 3, 2011

I would be glad to help. We are USDA direct and can lend in all 50 states. Honest service, Honest people.

Web Reference: http://www.203kworld.com
1 vote Thank Flag Link Wed May 4, 2011
I love USDA loans! They are great for medium income families. There is an income limit but their limits are generous. In our area you have to stay west of 95. Chatham county will be exclude come January.

USDA loans are 100%, no money down programs. Most local Lender are familiar with USDA loans but you need to let them know you are interested in a USDA loan.

0 votes Thank Flag Link Fri Nov 22, 2013
Here is a link to great information about USDA is Georgia. My preferred lender is Beth Jeffreys with Fairway Mortgage and we have done a tons of USDA transactions together. Would love an opportunity to talk with you more about what we can offer you as an experts in this area. Please feel free to call, text or email me anytime! Robin Torres & Company / Keller Williams Realty 912-247-9786 or RobinTorresAndCompany@gmail.com

My website: http://www.SavannahBestListings.com - Serving the tri-county Savannah areas.

0 votes Thank Flag Link Fri Nov 22, 2013
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