Tuesday, March 17, 2009

Zero Down Loan Programs Still Available (Oakland/Wastenaw/Livingston)

USDA - Rural Development Loan Program

- The Last Zero Down Payment Loan Program Available

- No Monthly PMI

- No minimum credit score requirements

- Not just a “First Time Homebuyer” program

- More flexible with borrowers who have experienced Bankruptcy

- Income Limits – Borrowers must have income at or below the following levels

- 1 Person Wage-Earner Household - $60,000

- 2 Person Wage-Earner Household - $68,550

- 3 Person Wage-Earner Household - $77,150

- 4 Person Wage-Earner Household - $85,700

Email name, address and phone number for information

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