usda loans connecticut: USDA Has Funding Once Again. - 09/08/10 08:50 AM
Great news for towns that are in locations that USDA Loan can be done in, USDA Has Funding Once Again.  However, along with the new funding comes an increase the the USDA Upfront Fee from 2% to 3.5%.  Even with this increase in the Upfront Fee, USDA is a great Loan Program choice for those that are purchasing a home in a town that it is available in.
Some of the reasons why USDA should be a Loan Program to be considered is:

No Downpayment Does not have Monthly Mortgage Insurance (PMI). Up to 102% Loan To Value (LTV). Can … (20 comments)

usda loans connecticut: USDA Loan Program ........... Part II - 04/01/09 06:57 AM
Yesterday I did an introductory post about the USDA Loan Program, comparing it to our Stated Bonded Loan Program CHFA.  In that comparisons I listed some of the benefits that each of the programs have over each other.  In this blog I am going to just talk about the USDA Loan Program, and go into more detail about the program by providing bullet points that those reading this can use for a quick reference.  If you are interested in more information about CHFA please read my past blogs about that program.
USDA is a great loan program for both existing and … (15 comments)

usda loans connecticut: USDA Loan Program - 03/31/09 01:26 PM
I am fairly new to USDA Loans, because in the past they were limited in where they could be done here in Middlesex County, Connecticut, where I do about 90% of my business. However, this loan program is now available in all of Middlesex County except Middletown, and Cromwell. In fact this Loan Program is now available in most of Connecticut. There are only three Counties that now have limited number of towns that it can be done in, Hartford County, New Haven County, and Fairfield County. The rest of the Counties in the State, there are only one or two … (12 comments)

George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages)

George Souto

Your Connecticut Mortgage Expert

Middletown, CT

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George Souto NMLS #65149 FHA, CHFA, VA Mortgages

Address: One Liberty Sq., PO Box 1000, New Britain, Ct, 06050

Office: (860) 573-1308

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