USDA Rural Home Loans for Arizona

USDA Loan Limit Update 2010 USDA Loan Limits have been raised from the 2009 USDA Loan Limits by a small bit.  The new USDA Loan Limits go into effect immediately.  Keep in mind that the USDA Loan has two types of qualifying income and there are items that can be subtracted from the income to [...]

USDA Loan Rural Development Update The USDA Loan has been on hold with the Rural Development offices across the country as they “ran out” of funds for USDA Loans.  There are several bills on the table that would eliminate the funding problems for USDA Loans and one is being reviewed in the Senate right now. [...]

USDA Loans May Go Uninterrupted That’s right USDA Rural Home Loans get a reprieve.  Just this morning HR 5017 passed the House Financial Services Committee which is the first step to gaining perpetual uninterrupted funding for USDA Rural Home Loans. Next, the USDA Rural Home Loan supporting bill HR 5017 moves to a vote in [...]

What’s the best USDA Rural Home Loan, the Guaranteed USDA Rural Home Loan or the USDA Direct Loan? It’s important to note that the USDA Rural Home Loan is gaining enormous popularity in Arizona.  Primarily because it allows home buyers in qualifying areas to purchase a home with absolutely zero down payment and without the [...]

The $8000 First Time Home Buyer Tax Credit is set to expire soon and is available for Rural USDA Loans.  The deadline to fund your home is November 30th.  That isn’t even 60 days from today to qualify for the Home Buyer’s Tax Credit. The average AZ Mortgage is taking 35-45 days to close. The [...]

USDA Loan Benefits USDA Rural Home Loans have some outstanding benefits over ANY other type of mortgage loan you will find for Arizona.  USDA Loan Benefits include: True Zero Down Financing – USDA Rural Home Loans let you keep your cash in your bank account Fixer Up Ability – Repairs can often be financed for [...]

Using an Arizona USDA Guaranteed Rural Home Loan allow you to buy a home in ANY County of Arizona with Zero Down payment.  That means, the money you save on your down payment by using a USDA Rural Home Loan instead of conventional or FHA Home Loan financing will stay in your bank account, for [...]

USDA Rural Home Loans has a MASSIVE advantage in today’s Real Estate market.  We’ve all heard these terms… NO MONEY DOWN! ZERO DOWN! 100% Home Loan Financing! These options for financing a home are no longer available with conventional financing NOR through FHA home loan financing.  The best option for buying a home with No [...]

USDA Rural Home Loans offer many advantages over either FHA Mortgage Loans or Conventional Home Loans.  Here is a brief summary of advantages of the USDA Rural Home Loan. No Down Payment – Truly a 100% home loan No Expensive Mortgage Insurance – Keeps your monthly payment low No Cash Reserve Requirement No Minimum Credit [...]

You heard it correctly.  The USDA Rural Development Home Loan Funds have been exhausted.  The demand for USDA Rural Development Home Loans is at an all time high. The good news is that USDA Rural Home Loans will continue to be underwritten. The even better news is that we will continue to fund USDA Rural [...]