1. USDA LOANS
AFFORDABLE HOUSING
FOR RURAL AMERICA
WhetherQyouQwantQtoQbuyQaQhome,QrefinanceQyourQexistingQ
homeQorQbuildQaQnewQone,QMortgageQAdvisoryQGroupQcanQhelp.
USDA Loans Mean Affordable Housing for Rural America
If your customers are purchasing a home in a USDA Rural Development (formerly the Farmers Home Administration)
defined rural area, they may be eligible for financing with the Guaranteed Rural Housing Program which features
100% financing.
Rural-area homes may qualify for USDA loans. These loans provide 100% financing, including most or all closing
costs. No down payment or monthly mortgage insurance required, so payments may be lower than an FHA. Not
limited to first-time buyers.
How a USDA Loan Works
QQ 100 percent financing—no down payment required QQ No monthly mortgage insurance—one time
QQ Finance full purchase price plus closing costs up to 103.50% guarantee fee at closing which keeps monthly
appraised value payments lower than FHA
QQ 6% seller concessions permitted for closing cost assistance
QQ Finance required property improvements into total
loan up to 103.5% of “as improved” value, repairs
QQ 100% gifting permitted for all closing costs may be completed after loan closing (Max $10,000)
QQ NOT limited to first-time home buyers
Maximum loan amounts and other restrictions may apply. Ask for details. Some products may not be available in all states. Credit and collateral are subject to approval. This is not a commitment to lend.
Programs, rates, terms and conditions are subject to change without notice. Terms and conditions apply.
Call me today for information and a free loan consultation!
Mike Bon
MLO-119781
Your Future is Our Focus Mortgage Advisor
Cell: 253-495-2095
Mill Creek Office Direct: 425-224-8347
15117QMainQStreetQSuiteQB106Q•QMillQCreek,QWAQ98012 mbon@MAGloans.net
Phone:Q425.224.8300Q•QTollQFree:Q888.618.8007
Q Mortgage Advisory Group’s top-notch customer service is the core of our
outstanding reputation. We pride ourselves on extensive knowledge of
Bellevue Office mortgage programs and regulations, advising you on the best option for
225Q108thQAveQNEQSuiteQN150Q•QBellevue,QWAQ98004Q your needs, today and for years to come.
Office:Q425.732.5800Q•QTollQFree:Q877.752.8007
A Lifetime of Mortgage Advice
www.MAGloans.com
Bellevue • Everett • Marysville • Mill Creek • Puyallup • Wenatchee • Woodinville • Arizona
Global Advisory Group, Inc. dba Mortgage Advisory Group Equal Housing Lender Rev. 03/11
2. USDA RURAL DEVELOPMENT
INELIGIBLE AREA MAP
USDA Rural Development Ineligible Area Map Snohomish County
SNOHOMISH COUNTY
USDA Rural Development Ineligible Area Map King County
http://eligibility.sc.egov.usda.gov EFFECTIVE: 11/1/2003
Bellevue • Everett • Marysville • Mill Creek • Puyallup • Wenatchee • Woodinville • Arizona
Global Advisory Group, Inc. dba Mortgage Advisory Group Equal Housing Lender Rev. 03/11
