Rural Housing Loan
A wonderful loan for a first time homebuyer (or a homebuyer who does not own any property
or home at time of purchase). 100% purchase - home with land package - Closing costs can
be included in loan up to appraised value.
Credit does not have to be excellent!!!! If you do not have any credit,
you may still qualify! Please call for details.
 
 
30 year fixed rate. Rates can start as low as
7.5%, with 8.5% APR. Rates change daily, please call Mortgage One at 1-800-998-8616 to see
what the current rate is. No PMI (mortgage insurance)!!! One time 2% Guaranteed Funding
Fee that can be financed. Taxes and Insurance are included in the payment (Mandatory
Escrow account).
Easy Qualifying Ratios.
Income restrictions do apply.
No size restrictions on home!
No recapture fee at time of sale!
Fast turnaround!
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