Posts Tagged ‘Zero Down Mortgage’

The USDA No Money Down Program works for first time home buyers in most of Lane County, except for the urban areas of Eugene and Springfield. Much of Oregon qualifies for this program which has no loan limit, but does have income limitation. (This was originally published on my other website, http://eugeneloanguys.com.)

The USDA Rural Guaranteed Loan Program is an exceptional vehicle for first time home buyers who often times have trouble coming up with the down payment. The credit crunch keeps some home buyers sidelined because of credit problems, many others with good or adequate credit are able to purchase real estate and get best deals in years, including mortgage programs with no down payment like this! Large portions of Lane County qualify for this program.

This loan program is available right now for Florence, Veneta, Junction City, Cottage Grove, Creswell, Oakridge, Westfir, Swiss Home and Pleasant Hill. The credit guidelines are quite liberal and more people can qualify that may think they can. Read More