USDA Home Loan Richmond MO
By Darren Copeland, Darren Copeland
(Leader One Financial)
What are the benefits offered by a USDA Home Loan Richmond MO?The USDA Home Loan program allows financing for eligible areas with no down payment requirement. The program also allows the ability to finance closing costs up to the appraised value of the home, helping reduce out of pocket expenses. So if you're looking for a house in an area, such as Pleasant Hill, Missouri then you should consider this wonderful option for buying your own home!Here are just a few more benefits to the USDA Home Loan Richmond MO:WHen you compare the PMI costs to the cost of the USDA loan program, the FHA is 3 times higher! Not to mention, FHA loans require a down payment of at least 3.5%, whereas the USDA is 100% financed!You'll also have the option for the Home Repair Financing Option, this can be a gre...