Our Team Of Home Loan Officers May Want You To Look At A USDA/Rural Housing Home Loan
Backed by the USDA, rural loans are similar to VA and FHA, except they are only available in selective rural areas and have income limitations. USDA is a 102% loan with no down payment required and does not need monthly mortgage insurance.
The USDA loan is not limited to first-time homebuyers. The seller can contribute up to 6% of the purchase price towards buyers closing and prepaid costs. Financing is available as a 30-year fixed only, for single-family residences and condos only.
Working with MCF Mortgage
- We put YOU first. We are committed to getting every client the very best possible deal every single time.
- MCF Mortgage offers some of the most competitive rates in the Nation!
- Fast and efficient, we close most of our loans in 30 days or less.
- We offer a variety of loans … MCF Mortgage will find you the loan that is right for you!!!