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Merian Rodezno
FHA and Conventional Loans Specialist
/ BRANCH MANAGER
HighTechLending Inc.
2635 Cunningham Ave
Ste D1 San Jose, CA 95148
Office 408-483-4496
Fax 408-251-3100
mrodezno@hightechlending.net
MLO # CA-DOC260673
USDA Rural Home Loans
- 102% Financing with no MI based on appraised value
- Financing availiable up to 10 acres or more
- 6% seller concessions
- Borrowers can purchase with no money of their own
How they work
USDA rural housing loans are tailored to homebuyers who live in rural areas of the United States of America and have little to no money for a down payment. The USDA rural housing loan program offer straight forward underwriting guidelines, lienient credit requirements and no PMI (private mortgage insurance) options. Roll closing costs into the loan. USDA rates that are comparable to and sometimes better than conventional fixed rate mortgage programs.
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