Here's another loan that I can make that most other lenders just can't do...Have you ever thought about buying a house out the in country? ...away from it all?
...on a lot of land?
Then, this program may work very well for you. Here are some highlights...
1) Only 3% down payment.
2) Up to 417k loan amount.
3) No limit on the amount of acreage.
4) Property must be located in a rural area with a population of 2,500 or less.
5) Property should be owner occupied, detached single family home.
6) Minimum credit for this program is 680.
7) The value of the home must be at least 35% of the loan amount.
8) No limitations on the distance of the comps for the appraisal!
9) No limitations on the date of sale on the comps for the appraisal!
10) Property cannot be a major farm.
This isn't the only rural program that I have.
There are also USDA and FHA, but both have limitations that this program doesn't.
If you want to purchase a home in the country - give me a call or shoot me an email. We'll try to find a way to gitter' done for you!
That's it for today!
Have a good day today! ...and thanks for reading.
Brett
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