USDA

Pennsylvania USDA Mortgages : How the Annual Fee Increase Affects You

September 9, 2012

Another change has occurred to Pennsylvania USDA Mortgages… Last fall the USDA began including an annual fee with their mortgages.  This fee is included with the monthly payment and is intended to help keep the USDA Mortgage Program financially solvent. USDA has now announced that there will be an increase in this annual fee for [...]

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Buy a Home in Lancaster County with No Money Down with a USDA Mortgage

August 15, 2011

Using a 100% USDA mortgage is a great way to finance the purchase of your next home in Lancaster County.  These are great loans for those who qualify and the USDA loan remains as one of the true no down payment programs out there.  If the home appraisal allows, the closing costs can also be wrapped into [...]

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Buying a House with No Money Due at Closing is Possible with a USDA Mortgage

May 9, 2011

Buying a House with No Money Due at Closing is Possible with a 100% USDA mortgage.  A few weeks ago I had a customer purchase a property using a 100% USDA Mortgage.   At the closing, they actually got cash back for the $2000 Hand Money they deposited to secure the sales contract and the $375 [...]

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USDA Refinance in Pennsylvania

April 16, 2011

Using a USDA Refinance in Pennsylvania is a great way to lower the monthly mortgage payment on a USDA loan.  Rates are still near historic lows and taking advantage of these rate levels will benefit many who are seeking to refinance a USDA mortgage.   USDA refinances can only be used to pay off an existing USDA [...]

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Pennsylvania USDA Mortgages Offer 100% Financing

February 21, 2011

Using a 100% USDA mortgage is a great way to finance the purchase of your next home.  These are great loans for those who qualify and the USDA loan remains as one of the true no down payment programs out there.    Benefits of a USDA Rural Dev loan include:                 True 100% no money down financing.                       [...]

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