Friday, August 17, 2012 - Article by: Rachel - Mortgage 1 -
This program designed by the USDA to help borrowers in eligible states with a current RD mortgage to obtain more affordable interest rates and monthly payments with limited documentation requirements. I believe this program will eventually expire in the next couple months.
Eligible borrowers:
Current Guaranteed Loan
- Have have a minimum 620 credit score
- Meet current income eligibility requirements
- NO APPRAISAL
- Reside in an eligible area at the time of original loan closing .
- Must have made timely mortgage payments for 12 months
This program is amazing if you would like to see if you are eligible please call Rachel Von Ins 616-886-1507 Ross Mortgage Corporation
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