USDA Rural Development home loan guide

WHAT IS RURAL DEVELOMENT? ,[object Object],[object Object],[object Object],[object Object]

WHO CAN DO USDA LOANS? ,[object Object],[object Object],[object Object]

IT’S THE GOVERNMENT! ,[object Object],[object Object],[object Object]

LOAN PURPOSE ,[object Object],[object Object],[object Object],[object Object]

REASONS TO NOT USE RURAL DEVELOPMENT FOR A BUYER ,[object Object],[object Object],[object Object],[object Object]

INCOME QUALIFICATIONS ,[object Object],[object Object],[object Object],[object Object]

ADJUSTMENTS TO INCOME ,[object Object],[object Object],[object Object]

BENEFITS TO BUYERS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Sales Price: Appraisal: Seller Paying: EMD: Closing/Prepaids 2% Funding Fee: $100,000 $110,000 $0 Closing Costs $500 $3,000/$2,000 $2,000 Can Finance: $107,000 and get $500 EMD back

Sales Price: Appraisal: Seller Paying: EMD: 2% Funding Fee: ,[object Object],[object Object],[object Object],[object Object],[object Object],Can Finance: $102,000 and get $500 EMD back

QUALIFYING ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

OTHER CRITERIA ,[object Object],[object Object],[object Object],[object Object],[object Object]

PROPERTY ELIGIBLITY ,[object Object],[object Object],[object Object]

OTHER PROPERTY REQUIREMENTS ,[object Object],[object Object],[object Object],[object Object]

FUNDS AVAILABLE ,[object Object],[object Object],[object Object],[object Object]

QUESTIONS? Contact Jonathan Tafuri at 401.440.3374 or via email Jtafuri@agencylending.net

USDA Rural Development home loan guide

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USDA Rural Development home loan guide