The Hill Country Blogger

Guaranteed Rural Housing loans may be the best financing option for low and moderate-income families.  A USDA guaranteed loan out shines FHA loan, and may be the perfect fit for you.

• 100% financing is allowed
• 2% one time guarantee fee (no monthly mortgage insurance payments required!).
• Fixed rate
• No limit on seller contributions.
• Income limitations are based on family size, and area – go to http://eligibility.sc.egov.usda.gov/eligibility/incomeEligibilityAction.do
• Reasonable underwriting and credit score guidelines.

More information on this product is available at http://www.rurdev.usda.gov/rhs/common/indiv_intro.htm