Just a reminder that USDA has a program that offers 100% financing! I’ve seen it work for buyers and there are no funky strings attached. The trick is finding a home in a “rural” area and Sandy, Oregon (the Gateway to Mt. Hood) qualifies!~  I live in Sandy currently and it’s only about 8 minutes east of Gresham; we even have a Fred Meyer! (and a beautiful view of the Mt. Hood).  Here are some of the program highlights!:

• 100% financing. No down payment required.
• No loan limits or sales price limits
• Loan can include closing costs if appraises higher than the sales price
• No monthly mortgage insurance premium

Click the link below and enter a home address under Property Eligibility:

ZERO DOWN USDA LENDING Eligibility click here!

Tags: 100% financing, Lending, program, rural, USDA

This entry was posted on Wednesday, January 28th, 2009 at 1:21 pm and is filed under Sandy, Tips When Buying a Home. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.