Spam prevention
Rainmaker
2,538,633
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Richard. Every opportunity to do a USDA loan is a smart way to go for any prospective home buyer.

May 24, 2015 12:05 AM
Rainer
4,625
Shelley Mastro
RE/MAX Real Estate Connections - Gainesville, VA
Lakes & Gates, Proudly serving Lake Manassas

I just closed a sale Friday using a USDA loan. We had to check each address in the USDA system before looking at the homes then had to check the system often during the loan process for delays. They take a bit longer than the normal loan. At the end of the day my client purchased a $400,000 home with $2500 down. They are a little more work, but I walked away with a client for life. 

May 26, 2015 11:10 AM
Rainer
136,193
Richard Woodward NMLS#217454
Nexa Mortgage, NMLS #1660690 - Plano, TX
Service Beyond Expectations! Your Texas Lender

It is more important than ever to work with real estate partners that work together to make the home buying experience great for all parties.  Thanks for bring that up Michael Jacobs .

May 24, 2015 11:24 PM
Rainmaker
5,096,566
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Most of my clients know about VA and FHA, etc. USDA is less well known, probably because we don't have that many areas that qualify for it anymore. But I'm doing one right now for a client who was pleasantly surprised he could do 100% financing.

May 24, 2015 10:50 PM
Rainmaker
1,683,862
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

We have a lot of clients either looking for USDA,  or have already purchased a home through USDA.  It's a great program, but the homes in those areas are being scarfed up.

May 24, 2015 01:19 PM
Rainmaker
634,482
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

I'm an agent and regularly give people that welcome news.

May 24, 2015 11:00 AM
Rainmaker
1,619,516
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

It is true. There are new products that works great for a certain category of buyers (what is the current situation on PMI? that thing is not a good news).

May 24, 2015 08:49 AM
Rainmaker
7,795,864
Roy Kelley
Retired - Gaithersburg, MD

This is very good information for prospective home buyers.

May 24, 2015 04:34 AM
Rainer
368,326
Raoul Loustaunau
EXP REALTY - Phoenix, AZ
urhomefinder.com myvaluetoday.com

the usda loan will not work in maricopa county , you have to go so far out to get elegible that sometimes make it hard for clients , the other kind of loan is great; thanks Richard have a great memorial day

May 24, 2015 04:02 AM
Rainmaker
4,555,978
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Richard - some homebuyers may not know but I refer them to lenders who know the different programs and the right match for each buyer.

May 24, 2015 12:49 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes.

Dec 30, 2018 06:36 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

I have heard about USDA

Jan 21, 2018 05:17 AM
Rainmaker
699,277
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

And here comes 2005 again.

May 24, 2015 11:47 PM