Looking to buy a home in Bedford County, Pennsylvania? You might want to make a quick check to see if you and the property are eligible for a Pennsylvania USDA Mortgage, also known as a Pennsylvania USDA Rural Development Loan.  Here's Why...  USDA home loans offer a few benefits that other mortgage programs cannot match: including no down payment and financed closing cost. If the home appraisal allows, the closing costs can also be wrapped into the mortgage resulting in no money needed at the closing table. USDA is the only mortgage program that allows for all closing costs to be financed into the loan amount on a home purchase.  Interest rates for USDA mortgages are comparable and often lower than the low fixed rates of Conventional, FHA and VA financing. The USDA Mortgage program doe... 12/12/2011

100% USDA mortgage is a great way to finance the purchase of your next home in Bedford County, PA.  These are great loans for those who qualify and the USDA loan remains as one of the true no down payment programs out there.  If the home appraisal allows, the closing costs can also be wrapped into the mortgage resulting in no money needed at the closing table.  Interest rates for USDA mortgages are comparable to the low fixed rates of Conventional and FHA/VA financing. All of Bedford County is located within the USDA eligibilty area.  The USDA zoning map can be found here... http://eligibility.sc.egov.usda.gov/eligibility/eligibilityAction.do     Benefits of a USDA Rural Development loan include:                 True 100% no money down financing.                       The ability to fi... 05/01/2011