Savannah Texas USDA Loans l USDA Loans in Savannah TX
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
Savannah Texas USDA Loans l USDA Loans in Savannah TX Savannah, Texas buyers can now get 100% financing via a USDA loan This 100% program is truly not just for rural housing- most of the geographic area surrounding Savannah, Texas qualifies. - 100% Financing Available- Small Monthly Mortgage Insurance (.30% of loan amount per year)- Interest Rates are still very competitive compared to Conventional and FHA The biggest benefit is no down payment to a USDA loan- true 100% financing- with long term, 30 year fixed rate loans. Very low MI (which stands for Mortgage insurance) when compared to other loan programs. Some of the “Differences” for qualifying for a USDA rural development loans are: Home must be in an eligible USDA area as defined by Co...