I close USDA loans all over the country so I can help you.
For the bonus points:
Here are a couple of cons with the USDA program.
1) The home has to be located in a ... more
FHA 3.5% down
Plus, some lenders like us can offer FHA financing with Down Payment Assistance program for 100% financing in some cases.
For more det ... more
Since you have already closed on your construction loan, your cheapest option will be to "recast" with your current lender. If that is really available-make sure you ask that th ... more