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 [...]

Is the USDA out of Funds? Last week the Rural Development’s national office in Washington DC issued a statement that the anticipate the funds to issue guarantees for USDA Rural Home Loans will be exhausted by the end of April. Every year we see the same thing happen.  Last year the funds ran out in [...]

USDA Loans CNBC Video USDA Loans are gaining popularity as people find they can buy with Zero Down by using a USDA Rural Development Loan. It’s a strange thought, but you can effectively use USDA Loans to get paid to buy a house.  Just put the USDA Loan to work for you AND if you [...]

USDA Loans ARRA Refinance Funds NOW Available! The USDA released a Notice of Funding Availability for USDA Loans Refinance Assistance under the American Recovery and Reinvestment Act of 2009. USDA Loans Refinancing by using ARRA funds is more restrictive than typical USDA Loans. USDA Loans ARRA Refinance Requirements: The new USDA Loans must have an [...]

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 [...]

We’re starting a new category on the USDA Rural Home Loans website. It’s USDA Home Loan Success Stories. I hope you enjoy hearing about how the Rural Development USDA Loan has positively impacted so many families here in Arizona.  So let’s take a look at the first installment of… (drum roll please…) USDA Home Loan [...]

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 [...]

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 [...]