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Archive for the ‘100% financing’ Category

Welcome to GYOH – Valparaiso

Welcome to Get Your Own House’s Blog site.  We created this site specifically for the greater Valparaiso Area to provide links and articles pertaining to the Valparaiso real estate market.   Please review the site and provide us with feedback of your thoughts or perhaps we need to add a link. 

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USDA the 100% alternative

Many people are unaware of a program that is still available to provide 100% financing. The program is commonly known as a rural development program and provides two types of financing. The first is a guarantee program offered to lenders similar to a FHA loan. The second is a direct loan from the USDA. Both programs have income maximums and also have geographic limitations. The website is user freindly and in about 15 minutes you can determine if you will qualify based upon your income and you can also confirm whether or not a property you are looking at will fall within the geographic boundaries. Most local lenders are familar with the program.