USDA HOME LOANS - 100% Financing Rural Florida Properties
USDA Loans are home loans guaranteed by the US Department of Agriculture (USDA). These loans help to provide affordable financing options for rural Florida properties. This program is intended to help low to moderately low income families in rural areas. If you and your property qualify then eligible borrowers may purchase, build, rehab or relocate a home in an eligible area. The USDA loan program provides a 90% loan note guarantee to approved lenders which enables borrowers to finance up to 100% of their loan.
USDA guaranteed mortgage loans in Florida give borrowers the ability to purchase homes in Florida with no down payment and easier qualifying. USDA home loans also come with better interest rates.
USDA Borrower Guidelines:
* 100% financing
* 620 Min FICO Score
* Terms: Up to 30 Years
* Low interest rate
* Gift funds can be used at closing
Talk to a Mortgage Expert
in Central Florida
VIP Mortgage Group is a Florida mortgage service provider located in Orlando, dedicated to providing home buyers and borrowers with simple, fast and easy financing solutions for your home purchase or refinance. We offer Florida home loans at competitive rates with the highest level of expertise, honesty and integrity.