USDA Loans

Probably the most under-utilized purchase loans for condominium units are those insured by the USDA. Like the VA and FHA, the USDA Rural Development (RD) program is a home loan insurance that allows the financing of condominium units.

The USDA determines the eligibility of an area based upon census data and sets a maximum population limit. Until the 2010 census data was released, it was using the 1990 and 2000 census data and had set the maximum population for the area at 25,000

The good news is they've decided to delay any changes to what towns are eligible, the bad news is it's not permanent. USDA loans are a...

Nice article explaining how the real estate market will thrive even as interest rates rise.   There's No Reason to Panic About Rising...

I have seen this happen too often Pre-Closing Credit Checks - NYTimes.com .

I can't count how many clients we've had where a person is just a little lower then the fico score needed to either get approved, or get...

A Look Behind The Curtain: How To Choose A Mortgage Lender - Forbes . Great article on how to choose your lender, here are a few things...