Rural Development (RD) Loans A USDA guaranteed Loan is government-insured 100% purchase loan. These loans are only offered in non-urban areas and serviced by direct lenders that meet federal guidelines. USDA Loans – They’re NOT for Farmers! A USDA home loan has nothing to do with agriculture. USDA Loans used to be considered “farmers loans” […]
Archive for the tag 'mn government loans'
Use of Funds: Brooklyn Park, Brooklyn Center, Champlin, Maple Grove, and Rogers/ Hassen Township Eligible Borrowers: 120% Median Income (1person 69,450.00, 2 person 79,400, 3 person 89,300, 4 person 99,250, 5 person 107,200, 6 person 115,100, 7 person 123,050, 8 person 131,00) Eligible Properties:Single Family Housing (detached, town homes, condos) to occupied as a principal […]
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