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Rural Housing Program

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BridgetLynn

Rural Development presentation for use by our loan officers, for the benefit of their partners and customers.

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Rural Housing Program
Rural Housing Program ,[object Object]
Rural Housing Program ,[object Object],[object Object],[object Object],[object Object],*no farms, no income producing properties. Land value of site cannot exceed 30% of total property value.
Rural Housing Program ,[object Object]
Rural Housing Program ,[object Object],No mortgage insurance required Ability to finance closing costs
Rural Housing Program No reserve requirements *Call your Loan Officer for details about specific borrower criteria. No minimum FICO score*
Rural Housing Program ,[object Object],[object Object]
Rural Housing Program ,[object Object],[object Object]
Rural Housing Program ,[object Object],[object Object],[object Object],[object Object],[object Object]
Rural Housing Program ,[object Object]
Rural Housing Program ,[object Object],[object Object],*Minimum credit score 660 for unsecured loan
Rural Housing Program ,[object Object],[object Object],[object Object]
Rural Housing Program ,[object Object],No in-ground swimming pools No construction draws
Rural Housing Program ,[object Object],[object Object],[object Object],Examples of home counseling are Fannie Mae’s “Guide to Homeownership” program and comparable programs from non-profit organizations
Rural Housing Program ,[object Object],[object Object],[object Object],[object Object],Complete this information with your state’s requirements:
Rural Housing Program ,[object Object]

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Rural Housing Program

  • 1. Rural Housing Program
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  • 6. Rural Housing Program No reserve requirements *Call your Loan Officer for details about specific borrower criteria. No minimum FICO score*
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