USDA Eligibility Revisions Made for Home and Property Requirements
So many prospective buyers look for a way to purchase a home with little to no money down. Well, USDA Rural Development Guaranteed loans offer 100% financing qualifying buyers. But in addition to buyers qualifying, the property must qualify as well. Although USDA is extremely beneficial for buyers and sellers, USDA eligibility is a little different from other loans. USDA Rural Development made recent revisions to the guidelines for minimum property requirements. So let’s explain these recent changes.
First of all, why consider a USDA home loan? Actually it is the best, little known mortgage available and it isn’t just for first time buyers! One of the biggest roadblocks…
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