Call me or get general information on all the programs they have available, first check with the USDA Services Center in Monroe. Their office is located on the Old Sterlington Rd at 2410 Old Sterlington Rd, Monroe - (318) 343-4467. The best thing about the USDA Rural Development Loan program is that you can get Low Rates, 100% Financing and NO MIP (Mortgage Insurance Premium), this will save you a lot of money depending upon your credit scrore.
Web Reference:
http://www.rurdev.usda.gov/rhs/common/program_info.htm#SFH
Also, the Louisiana Housing Fiance Agency has specific programs, check out
http://www.lhfa.state.la.us/programs/homeownership/first_tim
, they have programs for first time home buyers and college grads that help with low interest rates and downpayment assistance, etc. If you would like help call me at 318-361-0300 (Monroe) or 318-255-5302 (Ruston) or e-mail me joel.colvin@coldwellbanker.com if you need any help.
- Sun Aug 3 2008, 11:52